inflation

Inflation falls to 12.8% in February
Business

Inflation falls to 12.8% in February

Egypt's national inflation rate fell from 13.6 percent in January to 12.8 percent in February, according to a report released…
Egypt should stand ready to raise rates, IMF says
Business

Egypt should stand ready to raise rates, IMF says

Egypt should be prepared to raise interest rates if inflation does not abate and should work to cut its budget…
CAPMAS: Inflation up 13.6% in January
Business

CAPMAS: Inflation up 13.6% in January

In a statement Wednesday, Abu Bakr el-Guindi, president of the state-run Central Agency for Public Mobilization and Statistics (CAPMAS), noted…
Butane cylinders hit LE60 amid ongoing shortages
Business

Butane cylinders hit LE60 amid ongoing shortages

A severe shortage of butane gas cylinders continued to dog Cairo and the provinces Sunday, with the price of a…
Brazilian meat prices set to rise
Business

Brazilian meat prices set to rise

Local importers of Brazilian meat say their Brazilian suppliers have raised per-ton prices from US$3100 to US$3400 in a move…
Yearly sugar subsidies reach LE3.5 billion
Business

Yearly sugar subsidies reach LE3.5 billion

Annual state sugar subsidies have been raised from LE2.2 billion last year to LE3.5 billion this year to reflect rising…
November inflation rate at 6.6%
Business

November inflation rate at 6.6%

The Central Bank announced yesterday that the annual inflation rate hit 6.6 percent in November, up slightly from 6.5 percent…
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