Egypt's inflation hits five-year high at 18.7% in November

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

Egypt's inflation hits five-year high at 18.7% in November

STORY: Egypt's inflation hits five-year high at 18.7% in November DATELINE: Dec. 9, 2022 LENGTH: 00:01:39 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of exterior shots of the Central Agency for Public Mobilization and Statistics (CAPMAS) 2. various of the Nile River in Cairo 3. various of a supermarket 4. various of open-air market selling vegetables 5. various of shops selling meat and poultry STORYLINE: Egypt's annual urban consumer inflation rate surged from 16.2 percent in October to 18.7 percent in November, a five-year high since December 2017, when it hit 21.9 percent, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday. The price hikes followed a currency devaluation in October and continued restrictions on imports. Vegetable prices rose by 7.8 percent, dairy (cheese and eggs) by 5.5 percent, and cereals and bread by 4.8 percent. Prices of fish and seafood rose by 3.7 percent and meat and poultry by 6.8 percent, according to CAPMAS. The Egyptia

  • Product Code
  • ILEA001074051
  • Registered date
  • 2022/12/09 00:00:00
  • Credit
  • Xinhua / Kyodo News Images
  • Media source
  • Xinhua News Agency.All Rights Reserved
  • Media size
  • 1920 × 1080 pixel
  • Deployment size
  • 108.77(MB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    Egypt launches poultry, egg price reduction initiative

    STORY: Egypt launches poultry, egg price reduction initiative SHOOTING TIME: file DATELINE: April 2, 2024 LENGTH: 00:00:59 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of a chicken farm in Egypt STORYLINE: Egyptian Prime Minister Mostafa Madbouly on Monday reviewed an initiative to reduce the prices of poultry and eggs by a rate ranging from 10 percent to 15 percent. Egyptian minister of agriculture and land reclamation explained that this initiative comes in response to the directives of the political leadership, as well as the government's initiatives and efforts to reduce commodity prices. As a result of this initiative starting Tuesday, the price of a kilogram of chickens on the farm is set to be 85 Egyptian pounds, and the price of a carton of table eggs to be 135 pounds. The minister confirmed that, in light of these announced prices, the price to the consumer will be a maximum of 95 pounds for poultry, and 145 pounds for eggs. Xinhua News Agency correspondents reporting from C

      Australian inflation unchanged at 3.4 percent in Feb.

      STORY: Australian inflation unchanged at 3.4 percent in Feb. SHOOTING TIME: March 27, 2024 DATELINE: March 28, 2024 LENGTH: 00:02:00 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of the building of Australian Bureau of Statistics 2. various of vehicles 3. various of a supermarket STORYLINE: Australia's rate of inflation remained steady for the third consecutive month in February, official data has revealed. According to figures published by the Australian Bureau of Statistics (ABS), the consumer price index (CPI), the headline measure of inflation in Australia, rose by 3.4 percent in the 12 months to February. "Annual inflation was unchanged in February and has been 3.4 percent for three consecutive months," Michelle Marquardt, head of prices statistics at the ABS, said in a media release. Xinhua News Agency correspondents reporting from Canberra. (XHTV)

        Turkish central bank raises policy interest rate to 50 pct

        STORY: Turkish central bank raises policy interest rate to 50 pct SHOOTING TIME: November 2023 and March 2024 DATELINE: March 22, 2024 LENGTH: 00:01:25 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of the Turkish Central Bank (Nov. 30, 2023) 2. various of the Turkish lira (Nov. 30, 2023) 3. various of people at a shopping mall in Türkiye (March 19 2024) (courtesy of ihlas news agency) 4. various of people at a supermarket in Türkiye (March 14, 2024) (courtesy of Ankara Metropolitan Municipality) 5. various of the Turkish lira (Nov. 30, 2023) 6. various of Fatih Karahan, governor of Turkish Central Bank (March 12, 2024) (courtesy of ihlas news agency) 7. various of the Turkish Central Bank (Nov. 30, 2023) STORYLINE: Türkiye's central bank has resumed its interest rate hikes, increasing the policy rate by 500 basis points to a substantial 50 percent, the bank said in a statement on Thursday. The move came as the bank aimed to tackle the persistent inflation that has been higher than anticipated

          Italy's inflation remains at 0.8 pct in February

          STORY: Italy's inflation remains at 0.8 pct in February SHOOTING TIME: March 15, 2024 DATELINE: March 16, 2024 LENGTH: 00:00:58 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of National Statistics Institute (ISTAT) in Italy 2. various of streets in Rome STORYLINE: Italy's inflation rate remained stable at 0.8 percent in February, the same level as in January, the national statistics agency said on Friday. Data released by the National Statistics Institute (ISTAT) showed Italy's consumer price index rose by 0.1 percent in month-on-month terms in February. The index increased by 0.3 percent in January compared to December 2023. ISTAT attributed the low inflation rate to a slowdown in price increases for processed and unprocessed food, transportation services and recreational activities. Regulated and unregulated energy products saw prices drop compared to a year earlier, though by a smaller margin than in January. The Italian government introduced a series of anti-inflation measures betwe

            U.S. CPI accelerates to 3.2 percent in February amid continued inflation pressure

            STORY: U.S. CPI accelerates to 3.2 percent in February amid continued inflation pressure SHOOTING TIME: March 12, 2024, File DATELINE: March 13, 2024 LENGTH: 00:01:40 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of the U.S. Labor Department (November 4, 2023) 2. various of a grocery store in Arlington, U.S. state of Virginia (March 12, 2024) STORYLINE: U.S. consumer inflation in February sped up to 3.2 percent from a year ago, after slowing to 3.1 percent in January, indicating continued inflation pressure, the U.S. Labor Department reported Tuesday. The Consumer Price Index (CPI) increased 0.4 percent in February on a seasonally adjusted basis, after rising 0.3 percent in January, according to the department's Bureau of Labor Statistics. The index for shelter rose in February, as did the index for gasoline. Combined, these two indexes contributed over 60 percent of the monthly increase in the index for all items, the report showed. The energy index rose 2.3 percent over t

              India's GDP grows 8.4 pct in Oct.-Dec.

              STORY: India's GDP grows 8.4 pct in Oct.-Dec. SHOOTING TIME: March 1, 2024 DATELINE: March 2, 2024 LENGTH: 00:01:26 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of building construction 3. various of manufacturing unit STORYLINE: India's economic growth rate grew to 8.4 percent during the period from October to December, government data released on Thursday showed. The figure was 8.1 percent in July-September period. The ministry of statistics and program implementation said double-digit growth rate of the construction sector (10.7 percent), followed by a good growth rate of the manufacturing sector (8.5 percent), has boosted the GDP growth in FY 2023-24. On the back of double-digit growth in the manufacturing sector (11.6 percent), followed by a good growth rate of the construction sector (9.5 percent), the real GDP grew by 8.4 percent in Q3 of FY 2023-24, the ministry said. Meanwhile, Indian economy remained resilient with 7.6 percent growth rate of

                Nigeria's headline inflation rate hits 29.90 pct in January

                STORY: Nigeria's headline inflation rate hits 29.90 pct in January SHOOTING TIME: Feb. 15, 2024 DATELINE: Feb. 17, 2024 LENGTH: 0:01:03 LOCATION: Abuja CATEGORY: ECONOMY SHOTLIST: 1. various of Abuja street views STORYLINE: Nigeria's headline inflation rate rose to 29.90 percent in January, up from 28.92 percent recorded in December last year, the National Bureau of Statistics (NBS) said Thursday. The country's consumer price index, a main gauge of inflation, showed an increase of 0.98 percentage points when compared to the December 2023 headline inflation rate, the statistics agency said in its latest report. "Similarly, on a year-on-year basis, the headline inflation rate was 8.08 percentage points higher compared to the rate recorded in January 2023, which was 21.82 percent," the NBS report said. On a month-on-month basis, the headline inflation rate in January was 2.64 percent, which was 0.35 percentage points higher than the 2.29 percent rate recorded in December 2023, according to the rep

                  India's wholesale inflation eases to 0.27 pct in January

                  STORY: India's wholesale inflation eases to 0.27 pct in January SHOOTING TIME: Feb. 10, 2024 DATELINE: Feb. 16, 2024 LENGTH: 0:01:14 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of wholesale market area 3. various of fuel station STORYLINE: India's wholesale price index (WPI) eased 0.27 percent in January, data released by the Federal Ministry of Commerce and Industry showed on Wednesday. "Positive rate of inflation in January 2024 is primarily due to increase in prices of food articles, machinery and equipment, manufacturing, minerals, transport equipment, etc.," reads a statement issued by the ministry. WPI for December 2023 was recorded at 0.73 percent. WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to steep increases or decreases in commodity prices globally. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

                    Italy's inflation remains low despite lifting of price controls

                    STORY: Italy's inflation remains low despite lifting of price controls SHOOTING TIME: Feb. 2, 2024 DATELINE: Feb. 3, 2024 LENGTH: 00:00:37 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of markets in Rome 2. various of gas stations in Rome STORYLINE: Italy's annual inflation rate rose to 0.8 percent in January, up from 0.6 percent in December, according to Italy's National Statistics Institute (ISTAT) on Thursday. The relatively low inflation rate in January is significant given that the month is the first since the price controls in Italy's "anti-inflation quarter" expired. The initiative artificially reduced consumer prices on a basket of basic necessities over the final three months of 2023. The government reserved the right to continue the terms of the "anti-inflation quarter" into this year but it chose not to do so. ISTAT said the main factors pushing prices in the country higher in January were transportation-related services which climbed by 4.3 percent compared to 3.7 percent in Dec

                      Australian inflation falls to 2-year low

                      STORY: Australian inflation falls to 2-year low SHOOTING TIME: Feb. 2, 2024 DATELINE: Feb. 2, 2024 LENGTH: 00:01:10 LOCATION: Canberra CATEGORY: ECONOMY SHOTLIST: 1. various of Australians shopping at supermarkets STORYLINE: Australia's rate of inflation fell to its lowest level in over two years at the end of 2023, official figures have revealed. According to data published by the Australian Bureau of Statistics (ABS) this week, the consumer price index (CPI) - Australia's headline measure of inflation - rose by 0.6 percent in the fourth quarter of 2023 spanning from the start of October to the end of December - half the 1.2 percent rise in the previous three-month period. It marks the lowest quarterly CPI rise since the first quarter of 2021. In the 12 months to the end of December, the CPI rose by 4.1 percent, the ABS said, down from a peak annual rise of 7.8 percent in the year to December 2022. The Australian Broadcasting Corporation (ABC) reported on Thursday that economists had forec