Egypt producer price up 20 per cent in year to May

Ahram Online, Sunday 3 Jul 2011

State statistics show a marginal slowdown in producer prices against last month

Egypt's producer price index climbed 20.04 per cent in the 12 months to May, against a 20.61 per cent rise in the year to April, the state statistics agency said on Sunday.

The website for the Central Agency for Public Mobilization and Statistics (CAPMAS) gave the following values for the producer price index, which takes 100 for the 2004/05 financial year as its benchmark:
 
May      2011        192.8
April     2011        187.2
May      2010        160.6
 
Egypt's government began using the new index in October 2007, replacing the old wholesale price index.
 
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