Egypt's annual urban inflation rate hits 4-year high in Sept.

**This is a 60-seconds sample of the video. For the full version, please contact us.**

Egypt's annual urban inflation rate hits 4-year high in Sept.

STORY: Egypt's annual urban inflation rate hits 4-year high in Sept. DATELINE: Oct. 11, 2022 LENGTH: 00:01:13 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Agency for Public Mobilization and Statistics 2. various of markets 3. various of shops STORYLINE: The annual urban inflation rate in Egypt accelerated to 15 percent in September from 14.6 percent in the previous month and above market expectation of 14.7 percent, data from the Central Agency for Public Mobilization and Statistics showed on Monday. It was the highest reading since November 2018. On a monthly basis, consumer prices climbed 1.6 percent, the highest in five months, accelerating from a 0.9 percent gain in August. The agency attributed the hike to a 1.8 percent increase in meat prices, 4.4 percent in eggs, 6.2 percent in vegetables, and 1.5 percent in products, devices and equipment and more. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

  • Product Code
  • ILEA001026208
  • Registered date
  • 2022/10/11 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 76.42(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools

    STORY: U.S. Fed keeps interest rates unchanged at 5.25-5.5 pct as inflation cools SHOOTING TIME: June 12, 2024 DATELINE: June 13, 2024 LENGTH: 00:01:26 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of the press conference STORYLINE: The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as the latest consumer price data shows that inflation seems to be cooling. In a statement after the two-day policy meeting, the Federal Open Market Committee (FOMC), the Fed's policy-setting body, reiterated that the committee does not expect it will be appropriate to reduce the target range "until it has gained greater confidence that inflation is moving sustainably toward 2 percent." In addition, the committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, the FOMC said. The Fed's announcement came just a few hours after the U.S. Labor Department reported that the

      India's retail inflation in 12-month low in May

      STORY: India's retail inflation in 12-month low in May SHOOTING TIME: File DATELINE: June 13, 2024 LENGTH: 00:01:29 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of food grain STORYLINE: India's retail inflation fell to 4.75 percent in May from 4.83 percent in April, official data showed Wednesday. This was said to be the lowest in the past 12 months. Retail inflation has been under the five-percent mark for three consecutive months starting from March. "Year-on-year inflation rate based on all India Consumer Price Index (CPI) number is 4.75 percent (provisional) for the month of May 2024. Corresponding inflation rate for rural and urban is 5.28 percent and 4.15 percent, respectively," the statistical ministry said. Food inflation was 8.69 percent in May, marginally down from 8.70 percent in April. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

        Italy's growth forecast for 2024 revised up to 1 pct: ISTAT

        STORY: Italy's growth forecast for 2024 revised up to 1 pct: ISTAT SHOOTING TIME: June 7, 2024 DATELINE: June 8, 2024 LENGTH: 00:00:41 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of Italy STORYLINE: The Italian economy is expected to grow by 1 percent this year, the country's National Institute of Statistics (ISTAT) said on Thursday, revising up a previous 0.7 percent projection. The country's gross domestic product (GDP) growth rate "will be supported by the contribution of both domestic net demand of inventories and net foreign demand," ISTAT said in its report. Italy, the third largest economy in the European Union after Germany and France, will then expand by 1.1 percent in 2025. Overall, ISTAT said that private consumption in the country continues to be supported by the strengthening of the labor market and an increase in real wages. "These dynamics will lead to a growth of 0.4 percent in household consumption in 2024 and of 1 percent in 2025," it said. The labor market is also expected

          Türkiye's annual inflation exceeds 75 pct in May

          STORY: Türkiye's annual inflation exceeds 75 pct in May SHOOTING TIME: June 2-3, 2024/Archives DATELINE: June 4, 2024 LENGTH: 00:01:10 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of people shopping in Istanbul, Türkiye (Shooting date: May 17, 2024) (courtesy of ihlas news agency) 2. various of people at a discount cafe in Samsun, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) 3. various of people at a fish bazaar in Düzce, Türkiye (Shooting date: June 3, 2024) (courtesy of ihlas news agency) 4. various of people shopping in Safranbolu, Türkiye (Shooting date: June 2, 2024) (courtesy of ihlas news agency) STORYLINE: Türkiye's annual inflation rate rose to 75.45 percent in May, the highest since November 2022, reaching the peak expected by the government and economists, according to official data released on Monday. Consumer prices rose by 3.37 percent in May, compared to an increase of 3.18 percent in April, as per data from the Turkish Statistical Institute. The highe

            Turkish consumers' patience wears thin as inflation peaks at 75 pct

            STORY: Turkish consumers' patience wears thin as inflation rate peaks at 75 pct SHOOTING TIME: June 3, 2024 DATELINE: June 4, 2024 LENGTH: 00:03:37 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Ankara 2. SOUNDBITE 1 (Turkish): SUAT ENGIN, Pensioner 3. various of Ankara 4. SOUNDBITE 2 (Turkish): NILGUN OZMEN, Pensioner 5. various of Ankara 6. SOUNDBITE 3 (Turkish): SELMA SONGUN, Housewife STORYLINE: With Türkiye's annualized inflation rate exceeding 75 percent in May, Turkish consumers are in desperate need of the relief promised by the government's disinflation efforts. Türkiye's inflation rate rose in May to 75.45 percent, official data revealed on Monday. That's the highest point since November 2022, and a significant jump from April's rate of 69.8 percent. "The worst is over," Treasury and Finance Minister Mehmet Simsek said on X after Monday's data release. The minister sought to reassure the public that relief is in sight. "We saw the highest level of annual inflation, which refl

              Tokyo consumer inflation accelerates in May

              STORY: Tokyo consumer inflation accelerates in May SHOOTING TIME: recent footage DATELINE: June 3, 2024 LENGTH: 00:00:39 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street views in Tokyo STORYLINE: Core inflation in Tokyo continued to rise in May as utility costs expanded, government data showed. The Tokyo core consumer price index, which excludes volatile fresh food but includes fuel costs, rose 1.9 percent in May from a year earlier, accelerating from a 1.6 percent rise in April, according to the internal affairs ministry. Seen as a leading indicator of nationwide trends in Japan, the Tokyo data released on Friday stood below the Bank of Japan's 2-percent target. The acceleration was largely pushed up by utility costs related to renewable energy promotion, as electricity bills increased for the first time in 16 months by rising 13.1 percent year on year. Meanwhile, prices of food excluding fresh items rose 3.2 percent, unchanged from the previous month. Xinhua News Agency correspondent

                Egypt's PM reappointed to form new gov't: presidency

                STORY: Egypt's PM reappointed to form new gov't: presidency SHOOTING TIME: June 3, 2024 DATELINE: June 3, 2024 LENGTH: 00:00:11 LOCATION: Cairo CATEGORY: POLITICS SHOTLIST: 1. Egyptian President Abdel-Fattah al-Sisi reappointed Mostafa Madbouly as prime minister (by Egyptian presidency) STORYLINE: Egyptian President Abdel-Fattah al-Sisi has reappointed Mostafa Madbouly as the prime minister, who submitted the cabinet's resignation on Monday to form a new government, the Egyptian presidency announced in a statement. Sisi began a third consecutive term in office in April, serving until 2030. Xinhua News Agency correspondents reporting from Cairo. (XHTV)

                  India's GDP grows by 8.2 pct

                  STORY: India's GDP grows by 8.2 pct SHOOTING TIME: June 1, 2024 DATELINE: June 2, 2024 LENGTH: 0:01:32 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of market area 3. various of fuel station 4. various of the Reserve Bank of India STORYLINE: India's gross domestic product (GDP) growth during the previous financial year from April 2023 to March 2024 recorded a jump of nearly 1.2 percent from a year earlier, according to data released by the federal Ministry of Statistics and Program Implementation on Friday. The country's GDP grew 8.2 percent for the full year, and 7.8 percent during the last quarter (January-March 2024) of the financial year, it said. According to media reports, the GDP growth was better than what most economists had predicted. The Reserve Bank of India had forecasted a 6.9-percent growth in real GDP for the fourth quarter of the financial year 2023-2024, with a full-year projection of 7.6 percent. Xinhua News Agency correspondents reporting from N

                    Industrial production costs fall in Italy for 6th consecutive month

                    STORY: Industrial production costs fall in Italy for 6th consecutive month SHOOTING DATE: May 30, 2024 DATELINE: May 31, 2024 LENGTH: 00:00:49 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of streets in Rome STORYLINE: Industrial producer prices in Italy fell for the sixth consecutive month, the country's statistics entity reported Thursday, due largely to continued decreases in energy costs. The Italian National Institute of Statistics (ISTAT) said that prices for industrial producers fell by 0.9 percent in April compared to the previous month. Costs were 5.9 percent below their levels from a year earlier. The trend represents a marked turn-around from 2022 and early 2023, when the key index rose nearly every month and when year-on-year increases regularly topped 30 percent due to the spike in energy prices. Overall inflation in Italy has fallen dramatically since October 2023. This decline has been broadly in line with the drop in producer prices. Still, the rate of decrease in producer

                      Trade exchange volume between Egypt, China hit 13.9 bln USD in 2023

                      STORY: Trade exchange volume between Egypt, China hit 13.9 bln USD in 2023 SHOOTING TIME: File DATELINE: May 29, 2024 LENGTH: 0:00:23 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the Central Agency for Public Mobilization and Statistics (CAPMAS) 2. various of ships laden with goods STORYLINE: The volume of trade exchange between Egypt and China reached 13.9 billion U.S. dollars in 2023, the Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday. According to the Egyptian website "Egypt Today," the volume of Egyptian exports to China recorded 909 million USD during 2023, while the volume of Egyptian imports from China reached 12.9 billion USD during 2023. Xinhua News Agency correspondents reporting from Cairo. (XHTV)