Egypt inflation: Price hikes in April as Ramadan’s inflationary pressures lag

Sandy Eskaros

Economist @ Al Ahly Pharos Securities Brokerage

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10 May 2021

• Ramadan inflation hike lagged to April

• Expect stable inflation levels through 2021 below the CBE target of 7.0% (+/-2.0%)

• No rate cut on 17 June 17th despite strong carry trade attractiveness

Sandy Eskaros

Economist @ Al Ahly Pharos Securities Brokerage

Follow

10 May 2021

10 May 2021

Published byAl Ahly Pharos Securities Brokerage

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