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Egypt’s Inflation Rate Declines Offering Brief Respite

  • Egypt’s annual urban consumer price inflation drops to 29.8% in January.
  • Inflation Drops, Yet Economic Uncertainty Lingers Over Currency Stability.

 

Egypt’s annual urban consumer price inflation witnessed a decline to 29.8% inJanuary from 33.7% in December, coming in below the expectations ofanalysts, as reported by the state statistics agency.

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