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Egypt’s annual inflation rate reached a record high in July, as price hikes continue unabated in the cash-strapped North African country, official figures said Thursday. ... Average food and ...
Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday ...
History Change in per capita GDP of Egypt, 1820–2018. Figures are inflation-adjusted to 2011 International dollars. From the 1850s until the 1930s, Egypt's economy was heavily reliant on long-staple cotton, introduced in the mid-1820s during the reign of Muhammad Ali (1805–49) and made possible by the switch from basin irrigation to perennial, modern irrigation.
In Egypt, a boy was killed from a gunshot to the head after Egyptian police intervened in violent demonstrations over rising food prices that gripped the industrial city of Mahalla on 8 April 2008. Large swathes of the population have been hit as food prices, and particularly the price of bread, have doubled over the last several months as a ...
Urea. Commodity prices. Soybeans. Wheat. Maize. Copper. During 2022 and 2023 there were food crises in several regions as indicated by rising food prices. In 2022, the world experienced significant food price inflation along with major food shortages in several regions. Sub-Saharan Africa, Iran, Sri Lanka, Sudan and Iraq were most affected.
Egypt’s annual inflation rate hit a new record high in August, as the cash-strapped country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said ...
A worldwide surge in inflation began in mid-2021, with many countries seeing their highest inflation rates in decades. It has been attributed to various causes, including COVID-19 pandemic-related economic dislocation, supply chain disruptions, the fiscal and monetary stimuli provided in 2020 and 2021 by governments and central banks around the world in response to the pandemic, and price gouging.
The Egyptian protesters' grievances focused on legal and political issues, including police brutality, state-of-emergency laws, lack of political freedom, civil liberty, freedom of speech, corruption, high unemployment, food-price inflation and low wages. The protesters' primary demands were the end of the Mubarak regime.