Egypt's annual inflation surges to 26.5 pct in Jan., highest in 5 years

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Egypt's annual inflation surges to 26.5 pct in Jan., highest in 5 years

STORY: Egypt's annual inflation surges to 26.5 pct in Jan., highest in 5 years DATELINE: Feb. 10, 2023 LENGTH: 00:01:39 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various 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 a market selling vegetables 5. various of shops selling meat and poultry STORYLINE: Egypt's annual inflation continued its rise in January, hitting 26.5 percent, the highest since the end of 2017, the country's official statistic agency announced on Thursday. The annual inflation rate was eight percent in the same month in 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in a statement. Among the drivers behind the spike in the annual inflation, the prices of food and beverages increased by 48.1 percent, water, electricity, and fuel by 7.2 percent, furniture by 28.2 percent, health care service by 15.1 percent, transportation by 18.5 percent, entertai

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