American University in Cairo. Citadel Capital Financial Services Center
Abstract:
Egypt annual inflation steady at 13.3 pct in Nov : Urban consumer inflation in Egypt was steady at 13.3 percent in the 12 months to November, figures
from the state-run CAPMAS statistics agency showed on Thursday, as food prices declined on
a monthly basis. The number was at the low end of seven analysts' forecasts, which ranged from
13.3 to 15 percent, with an average of 14.2 percent. The inflation figure for the year to October was
also 13.3 percent. The central bank kept key interest rates on hold at its last policy meeting, the first
pause since it began cutting in February to boost growth