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Egypt's annual urban consumer price inflation picks up to 30.9 pct in March
April 10, 2017 / 5:55 AM / 8 months ago

Egypt's annual urban consumer price inflation picks up to 30.9 pct in March

CAIRO, April 10 (Reuters) - Egypt’s annual urban consumer price inflation rose in March to 30.9 percent from 30.2 percent in February, the official CAPMAS statistics agency said on Monday.

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 Kim Coghill)

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