Egypt Inflation Quickens for Second Month as Subsidy Cuts Weigh --[Reported by Umva mag]

Egyptian inflation quickened slightly for a second month on a sharp hike in energy costs, potentially pushing back the timing of the North African nation’s first interest-rate cut since 2020.

Oct 9, 2024 - 06:38

Egypt Inflation Quickens for Second Month as Subsidy Cuts Weigh --[Reported by Umva mag]

(Bloomberg) — Egyptian inflation quickened slightly for a second month on a sharp hike in energy costs, potentially pushing back the timing of the North African nation’s first interest-rate cut since 2020. Read More

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