Egypt's consumer price inflation remains low at 2.1 percent by the end of September 2001. The figure stayed unchanged from the previous month of August and fell from 2.6 percent in September 2000, the latest official report by the Central Agency for Public Mobilization and Statistics (CAPMAS) disclosed.
Egypt made considerable progress in macroeconomic stabilization and structural reform over the past decade and the country’s inflation outlook has steadily improved since the late 1990s. The 2.7 percent annual rate in 2000 was the lowest in nearly thirty years. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
