Egyptian Inflation Reaches Highest Level in 5Y, IMF Expects a Decline After 2Y
Egypt's annual urban consumer inflation rose sharply in December to 21.3 percent, its highest level in five years, according to Central Agency for Public Mobilization and Statistics (CAPMAS). The inflation rate in December was the highest since 2017 when it reached 21.9 percent. The rise from 18.7 percent in November…
Asharq Al-Awsat ·