英语资讯
News

英语文摘:Egypt's Inflation Tops 12 Percent

Source:    2011-05-11   English BBS   Favorite  

Soaring food prices, one of the triggers that toppled former Egyptian President Hosni Mubarak, helped push the country's annual inflation rate past 12 percent in April.

Egypt's statistical agency reported Tuesday that food and beverage costs, which account for nearly half of the country's consumer spending, increased by 21 percent last month compared to a year ago. That helped boost consumer prices to their highest point in a year.

Surging food prices were among a list of grievances Egyptians complained about in the past couple of years, leading to the widespread anti-government protests in January. Mubarak resigned in early February and is now being investigated on charges of illegally amassing wealth during his 30-year rule.

Egypt's economy has been buffeted by political uncertainty. Tourism has sharply dropped and the country's international reserves have diminished.


将本页收藏到:
上一篇:英语文摘:US Calls Arctic Council Meeting 'Historic'
下一篇:英语文摘:Greece Could Get New Bailout Assistance
最新更新
论坛精彩内容
网站地图 - 学习交流 - 恒星英语论坛 - 关于我们 - 广告服务 - 帮助中心 - 联系我们
Copyright ©2006-2007 www.Hxen.com All Rights Reserved