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Egypt Jan core annual inflation rises to 9.74 pct

Core inflation strips out subsidised goods and volatile items including fruit and vegetables.

February 10, 2011 2:22 by



Egypt’s core annual inflation rose to 9.74 percent in the year to January from 9.65 percent in December, the central bank said on its website on Thursday.

Core inflation strips out subsidised goods and volatile items including fruit and vegetables.

Urban consumer price inflation, the most closely watched indicator of prices, rose to 10.8 pct year on year in January from 10.3 percent year-on-year in December, CAPMAS said earlier.

(Reporting by Patrick Werr; Writing by Alexander Dziadosz)



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