Egypt’s inflation drops to 23.4% in December amid falling food prices

RIYADH: Egypt’s annual inflation rate slowed to 23.4 percent in December 2024, down from 25 percent in November, according to figures from the Central Agency for Public Mobilization and Statistics.

The consumer price index for the country stood at 239.7 points in December, reflecting a deceleration largely driven by a drop in food prices.

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