FX.co ★ Egypt's CPI Decreases Slightly to 32.50% in April 2024

In April 2024, Egypt's Consumer Price Index (CPI) experienced a slight decrease, reaching 32.50%, down from the previous month's 33.30% in March 2024. The year-over-year comparison indicates that the current CPI is compared to the same month a year ago, showing a marginal decline. This data was recently updated on May 9, 2024, providing insight into the country's inflation trends. While the decrease is modest, it suggests a potential stabilization in inflation rates, which could have implications for the country's economic outlook moving forward. Egypt will continue to monitor CPI changes closely to assess their impact on the economy and make informed decisions for the future.