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3 months ago
Egypt's annual urban consumer price inflation rises to 31.5 pct in April- CAPMAS
May 10, 2017 / 5:55 AM / 3 months ago

Egypt's annual urban consumer price inflation rises to 31.5 pct in April- CAPMAS

1 Min Read

CAIRO, May 10 (Reuters) - Egypt's annual urban consumer price inflation rose in April to 31.5 percent from 30.9 percent in March, the official CAPMAS statistics agency said on Wednesday.

Egypt abandoned its currency peg to the U.S. dollar on Nov. 3 in a dramatic move that has since seen the currency depreciate roughly by half. (Reporting by Asma Alsharif; Editing by Christian Schmollinger)

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