Urban inflation rose to 14.9% in July, its first pickup since March

Egypt’s annual urban inflation sped up to 14.9% in July, its first acceleration since March Reuters poll 14.9% in April 14.6% in May 14.3% in June

The jump is almost entirely a base effect, not fresh price pressure.

Utilities and services are still carrying the annual rate.

The bigger picture is a stall. 38% peak of 2023

Why it matters for the 20 August MPC meeting: four meetings left this year

What’s next: 12% electricity-price increase

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