Egypt's urban consumer price inflation jumps to 23.3 pct in December

By REUTERS
January 10, 2017 09:00

 
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CAIRO - Egypt's annual urban consumer price inflation jumped for a second month in December to 23.3 percent from 19.4 percent in November, the official CAPMAS statistics agency said on Tuesday.

Egypt abandoned its currency peg to the US dollar on Nov.3 in a dramatic move that has since seen the currency depreciate roughly by half.

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