Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country's statistics bureau said Tuesday.
The state-run Central Agency for Mobilization and Statistics released figures showing that the annual inflation was at 21.9% last month, up from 19.2% in November. That's compared to 6.5% in December 2021, before inflation ballooned in 2022, following the outbreak of Russia's war on Ukraine that rattled the world economy.
