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Egypt’s falling inflation masks bigger risks for markets and households

Busy street in Alexandria, Egypt. Photo by Muhammed Fatih Beki @Pexel.
Busy street in Alexandria, Egypt. Photo by Muhammed Fatih Beki @Pexel.
  • Inflation slows to lowest level since February
  • Food, housing and telecom costs continue rising

 

CAIRO, EGYPTEgypt’s inflation eased again in May, but the details offer little comfort for households and investors hoping the country’s price shock is firmly in the past.

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