AMI 20 May 2022: Egypt hikes aggressively – more to come
Africa Markets Podcast
English - May 20, 2022 07:20 - 1 minute - 1.65 MBNews Business Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: AMI 19 May 2022: Zambia MPC’s opts to hold
Next Episode: AMI 23 May 2022: Ghana further hikes expected
Egypt: In our March inflation commentary, we mentioned that the upward trend in inflation was likely going to lead to a further hike by the authorities in Egypt. Inflation in April however edged to 13.1%, significantly higher than market expectations, as food inflation impacted the basket.
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