AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT

With the full recognition that the problem of inflation in Egypt is due mainly to factors related to the recent economic policy, while others are related to structural reasons, that ignited the flames of inflation led by monopolies prevailing in the commodity market. The problem is the rise in food...

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Main Author: M.O. Abd El-Fatah
Format: Article
Language:Arabic
Published: The Union of Arab Universities 2018-05-01
Series:Arab Universities Journal of Agricultural Sciences
Subjects:
Online Access:https://ajs.journals.ekb.eg/article_31604_e46bfd897c0be87c4f97a08b4696e058.pdf
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author M.O. Abd El-Fatah
author_facet M.O. Abd El-Fatah
author_sort M.O. Abd El-Fatah
collection DOAJ
description With the full recognition that the problem of inflation in Egypt is due mainly to factors related to the recent economic policy, while others are related to structural reasons, that ignited the flames of inflation led by monopolies prevailing in the commodity market. The problem is the rise in food and drink prices (FCPI) in particular. The problem is further compounded by the increase in poverty in Egypt, which rose to 31.8% in October 2017. The most serious is the increase of extreme poverty rate of 5.8% of the population is mainly due to rising food prices.  The research is concerned with the analysis of general price index and the food price index in four regions, namely, rural upper Egypt, urban upper Egypt, rural lower Egypt, and urban lower Egypt.  The research compare between the evolution of consumer price indices in two period, the first period cover, 22 months before the adoption of the  floating exchange rate policy and second period cover 15 months after the adoption from November 2016 of the new policy and it.  The main of the research are summarized in the following points:   1- Increase the general index of prices and number.                       2- A marked increase in the indices in the geographical areas in the countryside from the urban during two periods.                             3- There is a significant effect of the time component on the increase in the price index during two periods of study, which was more evident in the float period.                            4- The food price index had a clear effect on the increase in the general price index in the regions.  5- The conditions of the increase in the monthly inflation rates in the pre-flotation period in the Egyptian geographical regions, although there was a decrease in the floating period over time, in the floating period.              6- High urban inflation rates for rural areas, despite their rise.
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spelling doaj.art-728df773f1b44916a24eab428ff223232024-03-07T17:39:28ZaraThe Union of Arab UniversitiesArab Universities Journal of Agricultural Sciences1110-26752636-35852018-05-0126Special issue (2C)1789180610.21608/ajs.2018.3160431604AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPTM.O. Abd El-Fatah0Agric. Economics Dept., Fac. of Agric., Ain Shams Univ., P.O. Box 68 Hadayk Shoubra, 11241, Cairo, EgyptWith the full recognition that the problem of inflation in Egypt is due mainly to factors related to the recent economic policy, while others are related to structural reasons, that ignited the flames of inflation led by monopolies prevailing in the commodity market. The problem is the rise in food and drink prices (FCPI) in particular. The problem is further compounded by the increase in poverty in Egypt, which rose to 31.8% in October 2017. The most serious is the increase of extreme poverty rate of 5.8% of the population is mainly due to rising food prices.  The research is concerned with the analysis of general price index and the food price index in four regions, namely, rural upper Egypt, urban upper Egypt, rural lower Egypt, and urban lower Egypt.  The research compare between the evolution of consumer price indices in two period, the first period cover, 22 months before the adoption of the  floating exchange rate policy and second period cover 15 months after the adoption from November 2016 of the new policy and it.  The main of the research are summarized in the following points:   1- Increase the general index of prices and number.                       2- A marked increase in the indices in the geographical areas in the countryside from the urban during two periods.                             3- There is a significant effect of the time component on the increase in the price index during two periods of study, which was more evident in the float period.                            4- The food price index had a clear effect on the increase in the general price index in the regions.  5- The conditions of the increase in the monthly inflation rates in the pre-flotation period in the Egyptian geographical regions, although there was a decrease in the floating period over time, in the floating period.              6- High urban inflation rates for rural areas, despite their rise.https://ajs.journals.ekb.eg/article_31604_e46bfd897c0be87c4f97a08b4696e058.pdfgeneral price indexfood price indexinflation rate
spellingShingle M.O. Abd El-Fatah
AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT
Arab Universities Journal of Agricultural Sciences
general price index
food price index
inflation rate
title AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT
title_full AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT
title_fullStr AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT
title_full_unstemmed AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT
title_short AN ECONOMIC STUDY OF GEOGRAPHIC DISPARITIES OF FOOD PRICES AND INFLATION IN EGYPT
title_sort economic study of geographic disparities of food prices and inflation in egypt
topic general price index
food price index
inflation rate
url https://ajs.journals.ekb.eg/article_31604_e46bfd897c0be87c4f97a08b4696e058.pdf
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