inflation

Turkish annual inflation falls to 11.76% in July
Middle East

Turkish annual inflation falls to 11.76% in July

ISTANBUL (Reuters) — Turkey’s consumer price inflation fell to a lower-than-expected 11.76 percent year-on-year in July, the Turkish Statistical Institute…
Lebanon’s currency on downward spiral amid financial turmoil
Middle East

Lebanon’s currency on downward spiral amid financial turmoil

BEIRUT (AP) — Lebanon’s currency continued its downward spiral against the dollar on Thursday, reaching a new low amid financial…
Central Bank of Egypt keeps overnight interest rates unchanged
Business

Central Bank of Egypt keeps overnight interest rates unchanged

The Monetary Policy Committee of the Central Bank of Egypt decided, at its meeting on Thursday, to keep important interest…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business

Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year

Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Egypt’s annual inflation rate down to 6.8 percent: CAPMAS
Economy

Egypt’s annual inflation rate down to 6.8 percent: CAPMAS

Egypt’s annual inflation rate fell to 6.8 percent in January 2020, compared to 12.2 percent in January 2019, according to…
Egypt’s non-oil private sector shrinks to slowest in over two years: PMI
Business

Egypt’s non-oil private sector shrinks to slowest in over two years: PMI

CAIRO (Reuters) — Activity in Egypt’s non-oil private sector contracted in November for the fourth consecutive month, falling to its…
Egypt’s central bank makes third straight cut to interest rates
Economy

Egypt’s central bank makes third straight cut to interest rates

Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
Egypt’s annual rate of inflation increases to 2.7 percent: CBE
Economy

Egypt’s annual rate of inflation increases to 2.7 percent: CBE

Egypt’s annual rate of inflation increased to 2.7 percent in October up from 2.6 percent in September, The Central Bank of…
Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS
Economy

Egypt’s Inflation rate decreases to 2.4% in October: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Saturday that the annual rate of Egypt’s inflation declined…
Unemployment fuels unrest in Arab states: IMF
Middle East

Unemployment fuels unrest in Arab states: IMF

Unemployment and sluggish economic growth are fueling social tension and popular protests in several Arab countries, the International Monetary Fund…
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