The monthly inflation rate has decreased by 0.2 percent in January to stand at 266.3 points against 266.8 points in December 2017, the Central Agency for Public Mobilization and Statistics (CAPMAS) said on Thursday.
In its monthly bulletin, of which MENA obtained a copy, the CAPMAS said that annual inflation rate dropped in January to register 17 percent compared to the corresponding period of 2017.
Prices of food and beverages inched down by 0.5 percent in January compared with December 2017.
Prices of food and beverages upped 16.6 percent in January 2018 compared with the previous year.
The inflation rate in urban areas went down by 0.1 percent in January, compared to December. The annual inflation rate hit 17.1 percent compared to last year.
In rural areas, the inflation rate declined by 0.3 percent in January to reach 276.3 points compared to December.
While, the annual inflation rate registered 17 percent in January compared to the same month in 2017. (MENA)
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