August’s data show that a sharp fall in food price inflation helped to push headline inflation in Egypt down to its lowest level since the end of 2007. Core inflation also fell. But, due to concerns that the Egyptian pound may depreciate, we don’t think that this will be enough to lead to a rate cut this month.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.