Egypt's general consumer price index (CPI) reached 221.6 points in March 2024 and the monthly inflation rate reached 1% in March 2024, compared to 11% in February 2024
The CAPMAS stated in a statement that the index for the beverage industry rose to 225.74 during January 2024 compared to December 2023, where it reached 182.81, with an increase of 23.48%, in line with market needs.
According to CAPMAS, the value of exports decreased by 15.6%, reaching $3.46 billion during January 2024, compared to $4.10 billion during January 2023.
This came within the framework of Egypt's strategy to reduce the value of the import bill and increase the reliance on the local products.
According to CAPMAS, during December 2023, value of Egypt’s exports decreased by 23.0%, to reach $3.48 billion, compared to $4.52 billion for the same month of 2022.
