Prices of basic consumer products in Egypt increased by approximately 40 percent due to the rise in the exchange rate with the US Dollar, reported Al-Hayat . The typical Egyptian consumer, who earns an average $1,200 per annum will now have difficulty affording basic items such as dairy products, sugar, vegetables and fruit. The prices of imported cigarettes increased twice over the past two months. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
