The planning delegate records the high inflation rate to 2.2%
This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from Hibapress, the Arabic version:
Heba Press
The High Commission for Planning said that the inflation rate should reach 2.2% in the first half of the current year, compared to 0.7% in the previous chapter.
In its publication of the economic circumstance of the fourth semester of the year 2024 and expectations for the first and second chapters of the current year, the delegate explained that this development is more likely to increase the price of food products of 3.7% and the prices of non -food products by 1.1%.
The high cost of basic basis, in particular, has contributed to accelerating the growth of food inflation, because it is particularly likely that the prices of meat, which have experienced a continuous increase of more than four chapters with the contribution of (1+ points), the prices of fresh fish (0.2 ++), as well as fresh vegetables (01)+ point, against (1-) a point in the previous chapter.
It is also provided that definition adjustments, especially for tobacco (2.9% and more in January), will also contribute to this trend, although to a lesser extent.
The prices of non -food products should record a moderate increase, mainly driven by the increase in energy prices by 1% after decreasing by 1.1 – in the previous chapter.
Basic inflation, which excludes energy prices and prices affected by the intervention of the country and volatile products, will witness a slight slowdown at 2.3% against 2.5%, which is reflected weakly in the dynamics of manufactured products.
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