Business · Economy · 1 day ago

Egypt inflation slows for a second month despite Iran war price pressures

Egypt inflation slows for a second month despite Iran war price pressures

Egyptian inflation slowed for a second month in a row.

It reached its lowest level since February.

The slowdown came despite renewed price pressures amid an escalation in the Iran war.

Inflation measures how quickly prices rise over time.

The figures show that price pressures had not stopped the recent easing in Egypt.

The information provided does not specify which prices were affected or explain what drove the slowdown.

It also gives no forecast or details of what may happen next.

Sources

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