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Egypt's surging inflation rate follows a series of currency devaluations ... Reuters Graphics The increase was driven by a rise in food prices linked to Ramadan-related high seasonal demand ...
Investing.com -- Egypt's headline inflation rate showed a slight decrease to ... primarily due to an increase in the inflation of meat, fruits, and vegetables. On the other hand, non-food ...
The hike aims to ease spiraling inflation ... employees would receive pay increases of 1,000 Egyptian pounds a month, about $34. Egypt last raised its interest rates in December.
Egypt’s surging inflation rate follows a series of currency devaluations starting ... Though month-on-month inflation slowed, it remained among the highest readings on record. The increase was driven ...
DUBAI (Reuters) - Egypt's annual urban consumer price inflation rate inched down to 24% year ... month and healthcare services recorded a 4.6% increase. Price rises have been fuelled in part ...
Egypt’s inflation rate grew to seven per cent in the 12 months ... Local prices rose 6.2 per cent in the 12 months to September. The increase in natural gas and butane prices were the main ...
Egypt’s annual headline inflation rate increased to 21.9% in December 2022 ... The CAPMAS ascribed the year-on-year (YoY) increase in inflation to higher prices of the food and beverages segment by 37 ...
Even one of the the highest inflation rates in emerging ... will hold the benchmark overnight deposit rate at 14.75 percent, with two expecting an increase. The bank last raised borrowing costs ...
CAIRO — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout ... The annual inflation rate was more than 31% in January ...
Egypt’s central bank is likely to hold interest rates on Sunday, even with inflation still soaring after the removal of currency controls last year. Six of seven economists surveyed by Bloomberg ...