ICEC

Egypt’s annual urban consumer price inflation down to 26 % in Nov -CAPMAS

Egypt’s annual urban consumer price inflation fell to 26 percent in November from 30.8 percent in October, according to the official statistics agency CAPMAS.
Inflation shot up in Egypt after the country floated the pound currency in November last year, reaching a record high in July on the back of energy subsidy cuts.

Source: Reuters

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