Egypt’s CPI inflation rate jumped from 16.2% y/y in October to 18.7% y/y in November – its fastest pace in five years. The headline rate only is set to only climb higher and the Central Bank of Egypt (CBE) is likely to deliver further monetary tightening, possibly at this month’s meeting.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.