Egypt's Cabinet shows change in consumption rates of some goods, services

Egypt's Cabinet announced on June 28 that the expenditure of citizens on medical products increased by 80 percent due to the outbreak of COVID-19 Mon, Jun. 29, 2020
CAIRO – 29 June 2020: Egypt's Cabinet announced on June 28 that the expenditure of citizens on medical products increased by 80 percent due to the outbreak of COVID-19,displaying the change in consumption rates of certain goods and services since March until present.

The Cabinet pointed out that the consumption of certain goods declined because of the fall in income and rise in prices, while the consumption of red meats, poultry, and fish decreased by 25.7 percent, 22.8 percent, and 17.5 percent respectively.

The expenditure on certain services was reduced because of the partial curfew, remote work, closure of cafes, restaurants, and entertainment venues and other protective measures. Those include transportation, tuition fees, and garments as they went down by 33.2 percent, 30.8 percent, and 27.2 percent, respectively.

On the other hand, protective measures contributed in the rise of the consumption of other products, such as detergents and sanitizers (67%), masks and gloves (46.5%), and internet bills (5.6%).

Other consumption increases were pertinent to some foods such as cooking oil (8.5%), rice (7%) and legumes (6.1%).

A partial curfew was imposed on March 25 and lifted on June 27. Last week, the Cabinet announced a bundle of measures aimed at co-existing with COVID-19.