Egypt’s annual inflation rate up in March – Report
Egypt’s annual urban consumer inflation rate in March rose to 32.7% year-on-year, from 31.9% in February, according to data from the country’s statistics agency. Month -on-month, urban inflation slowed to 2.7% in March from 6.5% in February. Egypt has seen surging inflation since 2022 precipitated by currency devaluations, a dollar shortage and difficulties getting imports into the country. The north…
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