Donnerstag, 09.03.2023 / 20:30 Uhr

Inflation in Ägypten steigt weiter

Brotverkäufer in Kairo, Bildquelle: Wikimedia Commons, Mohanad5ayman


In Ägypten, wo Millionen von Menschen mit weniger als einem Dollar pro Tag auskommen müssen, steigt die Inflation weiter:

Inflation in Egypt rose considerably in February, the Egyptian government said on Thursday.

The Egyptian Central Agency for Public Mobilization and Statistics said that annual headline inflation reached 32.9% in February, up from 25.8% in January. The year-on-year increase was even higher. Inflation was just 10% in February last year, according to a press release.

The agency primarily attributed the increase to rising food prices in February:

  • meat prices rose 29.7%
  • seafood rose 19.5%
  • dairy rose 11.1%
  • fruit rose 10.8%
  • bread prices rose 9.2%
  • vegetables rose 5.3%

Why it matters: Inflation in Egypt has risen considerably in the past year, in large part due to the supply chain shocks resulting from the Russian invasion of Ukraine. A year into the war, inflation appears to be getting worse. Average Egyptians are struggling with price increases of bread, tomatoes and other basic foods, Amr Emam reported for Al-Monitor from Giza in January.