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Egypt: Inflation Eases to Slowest Pace in 18 Months

By Ben Morales-Correa

Inflation rate in Egypt fell to an 18 month low in June, giving the central bank more room to keep its key interest rate at its lowest level in a year and a half. Urban inflation, the benchmark rate that the central bank monitors, slowed to 9.9 percent from 10.2 percent in the previous month.... »



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