Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » EGY Claps » Economy 🏙 » Egypt November 2022 inflation at 18.7%🎈

Egypt November 2022 inflation at 18.7%🎈

by Shams Abbas
December 10, 2022

The Clap
Egypt’s annual inflation rate rose to 18.7% in November 2022.

What
Inflation, AKA the reason you get less for what you pay for as time goes on, was given a bump by the EGP’s devaluation, making imports more expensive.

So what
Food & beverage prices, which hold the most weight when calculating inflation, increased more than 30% year-over-year.

Now what
Soaring inflation is sure to be high on the Central Bank of Egypt’s (CBE) agenda when it meets on the 22nd of December.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Economy 🏙

S&P Global affirms Egypt’s credit rating & economic outlook

by Shams Abbas
January 28, 2023
Economy 🏙

Gulf funds eye stake in seven hotels in Egypt

by Shams Abbas
January 24, 2023
Summary of IMF’s meeting about Egypt’s loan
Economy 🏙

Goldman Sachs: Egypt’s on the right track

by Shams Abbas
January 23, 2023
Economy 🏙

Russia to allow exports to Egypt in exchange for Russian ruble

by Shams Abbas
January 23, 2023
Economy 🏙

ITFC offers $1.5 billion in financing to Egypt

by Shams Abbas
January 23, 2023
Orascom Financial continues to buyback shares💸
Economy 🏙

The “Forbes International Tower” right here in Egypt

by Shams Abbas
January 22, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)