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Egypt Urban Consumer Inflation Falls To 11% In April-CAPMAS

by Amwal Al Ghad English

Egypt’s urban consumer inflation fell to 11% in April from 11.5% in March, the official statistics agency CAPMAS said on Sunday.

Inflation spiked in Egypt after the government slashed energy subsidies in July 2014. It peaked at 11.8% in October.

Source: Reuters

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