#interest rates
Egypt's annual headline inflation – which includes commodities such as food and energy prices – increased to a new high of 39.7 percent in August, up from 38.2 percent in July, according to data released by the country’s Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 September. This is Egypt’s third consecutive record-high since hitting 36.8 percent in June 2023. Prior to this, the country’s highest headline inflation rate had stood at 34.2 percent, a figure recorded in…
