Ernst & Young forecasts sharpest slowdown for Egypt’s inflation in nearly 3 years

Ernst & Young Forecasts Sharpest Inflation Slowdown in Egypt in Three Years

Ernst & Young forecast that Egypt is set to witness its most significant slowdown in inflation in nearly three years, supported primarily by growing stability in exchange rates, which is helping absorb earlier price shocks across the market.

Ernst & Young forecasts sharpest slowdown for Egypt’s inflation in nearly 3 years

The forecast comes as Egyptian inflation has already declined to its lowest levels in almost three years, signaling a relative improvement in key economic indicators and reflecting the market’s response to recent monetary and fiscal measures