• HSBC

Egypt's inflation rises to 13.3%

  • Egypt: Tuesday, November 10 - 2009 at 14:00

Egypt's inflation rate has risen for a second month in a row, official figures show. Urban inflation, the benchmark that the central bank monitors, climbed to 13.3% in October from 10.8% the month before, the Cairo-based Central Agency for Public Mobilization and Statistics said today on its Web site. Urban prices increased 2.2% in the month.

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