Middle East & North Africa Economics

Middle East Economics Focus

10 August, 2017

Egyptian inflation likely to fall by more than most expect

Egyptian inflation rose to its highest rate since 1986 in July, but it has been pushed up by a number of one-off factors that will fade over the next six-to-nine months. Indeed, we think inflation has now peaked and will begin to fall more quickly than most expect. This should pave the way for significant monetary easing.

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