CAIRO, Feb 6 (Reuters) - Inflation in Egypt is forecast to have slid to 23.0% in January, helped by a supportive base effect, according to a poll released on Thursday. The median forecast of 17 ...

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However, base effects seem likely to send year-on-year total and core CPI inflation rates lower in this week’s forthcoming CPI report, which could provide financial markets with much-needed ...

The Central Bank of Egypt official interest rate is the overnight deposit rate. The CBE is committed to achieving, over the medium term, low rates of inflation which it believes are essential for ...

Thus, an increase in interest rate works both to liquidate ailing banks by increasing deposits and to contain inflation. Secondly, it will attract foreign private remittances, which will increase ...

Egypt’s annual headline inflation rate reached a record level of 36 percent in February, before cooling to 33.1 percent. CAPMAS attributed the decline to the decrease in the prices of bread and ...

Inflation rose 2.9% on an annual basis in December, which was slightly above the 2.8% rate that was forecasted by economists. This modest yet unexpected uptick comes on the heels of an uptick in ...

Base effects threaten to make year-on-year total and core consumer inflation rates accelerate in the December CPI report that will be released on January 15. Furthermore, if year-on-year total and ...