#Latest news with #statisticsBodyBloomberg4 days agoBusinessBloombergEgypt Inflation Quickens Just as Central Bank Weighs More CutsEgyptian inflation accelerated for a third month, exceeding estimates and potentially making the central bank more cautious in extending a monetary-easing cycle. Consumer prices in urban areas grew an annual 16.8% in May versus 13.9% the month before, Egypt's main statistics body said Wednesday. On a monthly basis, inflation was 1.9% versus 1.3% in April.
Bloomberg4 days agoBusinessBloombergEgypt Inflation Quickens Just as Central Bank Weighs More CutsEgyptian inflation accelerated for a third month, exceeding estimates and potentially making the central bank more cautious in extending a monetary-easing cycle. Consumer prices in urban areas grew an annual 16.8% in May versus 13.9% the month before, Egypt's main statistics body said Wednesday. On a monthly basis, inflation was 1.9% versus 1.3% in April.
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