Egypt Inflation Hits Two Year Low, Easing Path to Rate Cut
Egypt’s inflation rate slowed to its lowest level in two years, easing the path for the North African nation’s first interest-rate cut since 2020.
Egypt inflation seen easing to 24.2% in December: Reuters poll
Egyptian inflation is expected to have eased to 24.2% in December as food prices continued to cool, according to a poll released on Wednesday. The median forecast of 13 analysts polled by Reuters was for annual urban consumer inflation to have edged down to 24.
Luxembourg Inflation Accelerates To 1% In December
Consumer price inflation in Luxembourg climbed modestly in December after easing in the previous four months, data from the
Ghana Inflation Reached Eight-Month High in December
Ghana’s annual inflation rate climbed to its highest level in eight months in December with consumer prices rising 23.8%, up from 23% a month earlier. The inflation situation could reduce the prospects of an interest-rate cut later this month.
Egypt inflation seen easing to 24.2% in December
Egyptian inflation is expected to have eased to 24.2% in December as food prices continued to cool, according to a poll released on Wednesday.
Egypt's annual headline inflation rate drops to 23.4% in December
Egypt's annual headline inflation rate decreased to 23.4 per cent in December, down from 25 per cent in November, with the expectation that the worst impact of recent price hikes for fuel, electricity and other items may have passed.
December inflation sped up to 2.9%, fastest in 4 months
Inflation continued its uptrend in December 2024 to post its fastest increase in four months, but the price growth remained benign which, in turn, helped the Bangko Sentral ng Pilipinas (BSP) achieve its annual inflation target for the first time in three years.
Mexico's annual inflation eases in December, supporting further rate cuts
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an uptick in the core consumer price index.
Egypt’s Economy Is Damaged. It Sees a Scapegoat, and a Potential Fix, in Refugees.
Palestinians, Sudanese and Syrians fleeing war have found a home in the country. But Cairo says newcomers are straining ...
Egypt uncovers blocks from 18th dynasty Queen Hatshepsut temple
Archaeologists have uncovered intact portions of the foundation wall of pharaonic Queen Hatshepsut's valley temple in Luxor ...
Egypt archaeology breakthrough as 3,600-year-old tombs and burial sites discovered
The archaeologists also found the remains of Queen Hatsheput's Valley Temple, rock-cut tombs which date back to 1983BC - ...
Egypt unveils ancient rock-cut tombs and burial shafts in Luxor
Egypt unveiled several discoveries near the famed city of Luxor on Wednesday, including ancient rock-cut tombs and burial ...
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Egypt unveils new archaeological wonders near Luxor's iconic temple of Queen Hatshepsut
People visit newly unveiled archeological discoveries, including 4,000-year-old tombs of high-ranking officials and artwork from the time of Queen Hatshepsut, at an ancient necropolis in the famed ...
Egypt to Hold Talks on Sending Peacekeeping Troops to Somalia
Egypt will hold talks with Somalia next week to discuss Cairo’s troop contribution inside a multilateral force battling ...
US shifts $100 million in military aid from Israel and Egypt to Lebanon to bolster ceasefire
The Biden administration in its final days is shifting more than $100 million in military aid from Israel and Egypt to ...
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‘Celebrity hunter’ – Egypt iconic media personality Layla Rostom dies at 88
Veteran Egyptian broadcaster Layla Rostom passed away on Thursday at 88, leaving behind a legacy of remarkable contributions ...
Ancient ‘well’ found in Egypt turns out to be entrance of forgotten tomb, photos show
Sifting through the sands of the Egyptian desert, archaeologists looked for the telltale signs of ancient ruins. One ancient ...
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Egypt’s October 2024 trade deficit drops by 16%
Exports saw a notable increase of 21.3%, reaching $4.07bln in October 2024, up from $3.35bln in the same month of the ...