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Egypt's inflation slows down, paving way for first rate cutInvesting.com -- Egypt's headline inflation rate showed a slight decrease to 24.0% year on year (y/y) in January, a small dip from December's reading of 24.1% y/y. This rate is higher than both ...
DUBAI, Feb 10 (Reuters) - Egypt's annual urban consumer price inflation rate inched down to 24% year-on-year in January from 24.1% in December, data from statistics agency CAPMAS showed on Monday.
CAIRO (AP) — Egypt’s statistics bureau says the country’s annual inflation rate has set a record high, reaching 36.8% last month compared to 33.7% in May. The agency’s data released Monday ...
Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online statement ...
IMF mission chief for Egypt, adding that the main reforms include a free-floating exchange rate and a slowdown in infrastructure spending to reduce inflation. Egyptian Prime Minister Moustafa ...
CAIRO, April 10 (Reuters) - Egypt's annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country's ...
Egypt is poised to hold interest rates at an all-time high, seeking to keep a lid on inflation that’s slowing from a record despite a steep currency devaluation but may face pressure from ...
Across the country, Egyptian families are having to adjust their lives as the cost of basic goods and basic living continues ...
FILE - Egyptians walk past a poster depicting a U.S. dollar outside an exchange office in Cairo, Egypt, Thursday, Feb. 9, 2023. Egypt’s annual inflation rate set a record high in June, as the ...
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