Understanding Recent Inflation Figures (for non-experts)

Special Report

Published: 16 March 2017

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Summary

Reported inflation figures can be hard to interpret by non-experts. In this brief note we attempt to explain the different official measurements of inflation and their underlying trend, in particular following successively enacted economic reforms/measures including the EGP floatation, Value-added Tax (VAT) enactment as well as the increase in administered prices of fuel products, utilities, medications and selected food items.


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