Egypt inflation rises by 11 percent

Egypt inflation rises by 11 percent

Urban consumer
inflation in Egypt inched up to 11.0 percent in the 12 months to
September, from 10.9 percent in the year to August, the state-run
CAPMAS statistics agency said on its website on Sunday.

Nine analysts
forecast an average of 11.12 percent for urban inflation – the most
closely watched indicator of prices. Forecasts ranged from 9.6 percent
to 12.9 percent.

Click to Read more Financial Stories

Leave a Reply

Your email address will not be published. Required fields are marked *