Prices Surge Again as Egypt’s Inflation Climb Surprises Economists
Inflation in Egypt picked up pace in February, delivering a sharper rise than many economists anticipated and highlighting renewed pressure on household budgets. Official figures released by Central Agency for Public Mobilization and Statistics (CAPMAS) show that annual urban consumer inflation accelerated to 13.4%, up from 11.9% in January. The data underscores a fresh upward …
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