Ahram Online Egypt’s annual consumer price inflation rate decreased to 7.5% in August, the lowest rate in years. Analysts see the development as an opening for the way for further rate cuts by the central bank. The inflation rate reported by the official statistics agency CAMPAS on Tuesday, was …
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A second hike in inflation last month is making a Central Bank of Egypt’s decision to cut interest rates more uncertain Nesma Nowar – Al-Ahram Weekly Egypt’s annual headline inflation rose to 14.4 per cent in February, compared to 12.7 per cent in January, a three-month high. Month-on-month inflation raised …
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Egyptians are praying that the cost of living will be easier for them this year, writes Niveen Wahish Niveen Wahish – Al-Ahram Weekly The new year brought with it not just greetings but also jokes about how broke many people have become and how little their monthly salaries can last. After two …
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