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egyptindependent - 30 days ago

Egypt’s headline inflation surges to 17.7% in October

Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official statistics agency CAPMAS said on Saturday. The rise in annual urban consumer price inflation was greater than expected and increases the chance that the central bank could raise interest rates next week, analysts said. Egypt Continued The post Egypt s headline inflation surges to 17.7% in October appeared first on Egypt Independent.

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