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Egypt’s headline inflation slows to a four-year low of 8.7% in July

Egypt’s annual urban consumer price inflation decreased to 8.7 percent in July from 9.4 percent in June, official statistics agency CAPMAS said on Thursday, its lowest in nearly four years. Egypt is approaching the end of an IMF-backed economic reform program, which included steep subsidy cuts and a currency devaluation…

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Click here to read the full story: Arab News

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