food prices

Turkey’s Erdogan fails to get double-digit inflation under control
Middle East

Turkey’s Erdogan fails to get double-digit inflation under control

Turkey’s economic woes are nothing new. The country’s official currency, the lira, has been on a downward slide for the past two…
Egypt’s inflation rate hits 2.7%: CAPMAS
Business

Egypt’s inflation rate hits 2.7%: CAPMAS

Egypt’s annual inflation rate has hit 2.7 percent this month, up from 2.4 percent in October and compared to 15.6…
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
Economy

Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday that the annual rate of Egypt’s inflation declined…
Inflation rate rose to 29.8 percent in June: CAPMAS
Business

Inflation rate rose to 29.8 percent in June: CAPMAS

The annual urban inflation rose to 29.8 percent in June from 29.7 percent in May, the Central Agency for Public…
Annual food inflation rate jumps by 41.7%: CAPMAS
Business

Annual food inflation rate jumps by 41.7%: CAPMAS

The annual food and beverage inflation rates jumped by 41.7 percent in February 2017, according to the a report by…
Army distributes 8 million food packages at half price
Egypt

Army distributes 8 million food packages at half price

Egypt's armed forces have prepared eight million packages of subsidised food for distribution to citizens nationwide, in line with instructions…
Citizens mob vehicles selling subsidized foodstuffs at discounted prices
Business

Citizens mob vehicles selling subsidized foodstuffs at discounted prices

Thousands of people in the city of Matariyya, in Daqahlia governorate, crowded around vehicles selling subsidized foodstuffs and gas cylinders…
Cost of rice increasing due to smuggling: supply minister
Egypt

Cost of rice increasing due to smuggling: supply minister

Supply Minister Khaled Hanafy has blamed this year's rice shortage on cross-border smuggling, with Egyptian rice merchants selling abroad in…
PM instructs Cabinet task force to tackle food prices ahead of Ramadan
Egypt

PM instructs Cabinet task force to tackle food prices ahead of Ramadan

Prime Minister Sherif Ismail has instructed the Cabinet's task force committee to address the recent hikes in the prices of…
We will keep basic goods prices stable despite dollar crisis: Sisi
Business

We will keep basic goods prices stable despite dollar crisis: Sisi

Egypt's President Abdel Fattah al-Sisi said on Wednesday he would make sure the price of basic goods does not increase,…
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