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Egypt’s August consumer confidence rises 7.4%

A report by the Egyptian cabinet's Information and Decision Support Center has shown that the country's consumer confidence grew 7.4% month-on-month in August, Ahram has reported. The report based its findings on the increase of two basic indices - family income and Egyptians' confidence in economic polices. The family income index climbed 48.5% in August to record 50.8 points, with 14.7% of those polled believing their financial condition would be better than last year.