{"id":214837,"date":"2013-10-12T16:32:11","date_gmt":"2013-10-12T14:32:11","guid":{"rendered":"https:\/\/dev.dailynewsegypt.com\/?p=214837"},"modified":"2013-10-12T16:32:11","modified_gmt":"2013-10-12T14:32:11","slug":"inflation-rises-by-1-7-in-september","status":"publish","type":"post","link":"https:\/\/www.dailynewsegypt.com\/2013\/10\/12\/inflation-rises-by-1-7-in-september\/","title":{"rendered":"Inflation rises by 1.7% in September"},"content":{"rendered":"<figure id=\"attachment_214842\" aria-describedby=\"caption-attachment-214842\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"\/app\/uploads\/2013\/10\/1-1-Egypt-inflation_bread-3.jpg\"><img loading=\"lazy\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-214842\" alt=\"The latest inflation report issued by the Central Agency for Public Agency for Public Mobilization and Statistics (CAPMAS), on 10 October, indicated that Egyptian core inflation surged by 1.7% in September, compared to 0.14% in August. (AFP File Photo)\" src=\"https:\/\/images.dailynewsegypt.com\/2018\/09\/1-1-Egypt-inflation_bread-3-300x186.jpg\" width=\"300\" height=\"186\" \/><\/a><figcaption id=\"caption-attachment-214842\" class=\"wp-caption-text\">The latest inflation report issued by the Central Agency for Public Agency for Public Mobilization and Statistics (CAPMAS), on 10 October, indicated that Egyptian core inflation surged by 1.7% in September, compared to 0.14% in August.<br \/>(AFP File Photo)<\/figcaption><\/figure>\n<p>The latest inflation report issued by the Central Agency for Public Agency for Public Mobilization and Statistics (CAPMAS), on 10 October, indicated that Egyptian core inflation surged by 1.7% in September, compared to 0.14% in August.<\/p>\n<p>The report added that the Year-on-Year (YOY) inflation reached 11.15% this month, compared to 8.97% during the preceding month.<\/p>\n<p>Mahmoud El-Askalani, the president of the Citizens Against Price Rises Association, said that the government\u2019s initiative to impose mandatory prices to fight overestimated prices by merchants was definitely a positive step towards fighting the \u201cillusion inflation rate\u201d.<\/p>\n<p>On defining the illusion inflation rate, El-Askalani said \u201cThis is the inflation caused by the attempts of the merchants to maximise their profits which leads them to increase the prices of the demanded commodities [rather than an economically influenced inflation].\u201d<\/p>\n<p>\u201cOn average, there are 200 cases filed against merchants who unjustifiably raise the prices of demanded goods,\u201d he added.<\/p>\n<p>He pointed out that the rise the country is witnessing in the inflation rate is stable, adding: \u201cThe inflation rate was expected to rise even higher after the government\u2019s average income announcement last month yet that did not happen.\u201d<\/p>\n<p>Headline CPI increased by 1.57 percent in September, compared to 0.68 percent in August. The annual rate inflation increased to 10.15 percent in September, compared to 9.74 percent in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government continues to fight the constant inflation rates increases<\/p>\n","protected":false},"author":77,"featured_media":214842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34193],"tags":[8637,314,3996],"tmauthors":[],"coauthors":[19287],"class_list":["post-214837","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-capmas","tag-economy","tag-inflation"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/posts\/214837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/comments?post=214837"}],"version-history":[{"count":0,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/posts\/214837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/media\/214842"}],"wp:attachment":[{"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/media?parent=214837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/categories?post=214837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/tags?post=214837"},{"taxonomy":"tmauthors","embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/tmauthors?post=214837"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.dailynewsegypt.com\/wp-json\/wp\/v2\/coauthors?post=214837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}