Egypt’s annual urban inflation rate eases for third consecutive month in June

· Egyptian market news

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First up, as usual, the news…

📍 Annual urban inflation eased for a third consecutive month in June falling 0.3 percentage points Capmas data (pdf)

The reading was largely expected, Al Ahly Pharos’ Hany Genena tells.

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🌐 The recent escalations in the US-Iran war remain in the spotlight.

The exchange landed as Iranian officials — including Mojtaba Khamenei, who’s having his first full day as a visible supreme leader AND

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