Egypt's Inflation Expected to Slow in January as Food Prices Fall

Egypt's inflation expected to slow in January as food prices fall

Annual inflation has fallen from from a record high of 38% in September 2023, thanks in part to an $8 billion financial support package signed with the IMF in March 2024

Egypt's inflation expected to dip to 11.7% in January

Egypt's headline inflation is forecast to have softened to 11.7% in January from ‍12.3% in December, a ‍Reuters poll found on Thursday