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Egypt's headline inflation hits highest level on record in July - Economy - Business

Egypt’s headline annual inflation rate kept its upturn in July 2023 to hit a new record level, jumping to 382 percent, up from 146 percent recorded in the same month of 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Thursday ....

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EBRD cuts Egypt's real GDP growth in 2023 by 0.1%, increases forecast by 0.2% in 2024 - Economy - Business

For the second time since February, the European Bank for Reconstruction and Development (EBRD) has downgraded its forecast for Egypt’s real GDP growth to 42 percent, a 01 percent decrease from its outlook in February and increased its forecast by 02 percent in 2024 ....

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