High Prices!

Gasoline prices and tickets for the Metro in Cairo went up 30% two weeks ago. The effects are already being felt.

Last week, a taxi ride in Tanta went up by 50%

I'm no economist, but it seems that if fuel prices go up, then any goods that are transported around Egypt should also increase in price. I haven't seen it yet, but it shouldn't take too long for this “trickle-down” to happen.

I've given you the percentages, but here's what it really looks like:

The average monthly salary in Egypt is 300 Egyptian Pounds.

Previously, a liter of gasoline was 1 Egyptian Pound but now it's up to 1.30 Egyptian Pounds.

Metro tickets were ¾ of an Egyptian Pound and now they're 1 Egyptian Pound. A taxi ride in Tanta was 1 Egyptian Pound and now it's 1 ½ Egyptian Pounds.