Recorded a Decrease of 11.1% in December
From 15.6%, the inflation in Egypt has made a decline to 11.1% in December 2018. The figures were announced on Thursday by the state’s statistics bureau where the second state drop for inflation, keeping it within the Central Bank’s target range of 13% irrespective of the percentage point. The details show the decline was driven by decline in food and beverages prices, the singular the components of the basket of goods and services used to gage inflation.
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