Egypt Consumer Prices (Jul.)
July’s high inflation reading in Egypt, of 14.0% y/y (the same as in June) confirmed that March’s devaluation of the pound is continuing to pass through into higher consumer prices. Against this backdrop, we still think it’s likely that the central bank will hike interest rates later in the year.
Access this publication and more, take our free trial subscription today.
Free TrialAlready a subscriber? Simply log in to view this article.