Urban inflation slows down in August

· Egyptian market news

Good afternoon, folks, and congratulations on making it to the weekend.

Also in today’s issue

But first, the news…

📍 Urban inflation slowed to 14.5% in August, defying forecasts of a pickup — and undershooting the central bank’s near-term call. Capmas data (pdf) Reuters poll

Why it matters: next MPC meeting on 24 September

^^We’ll have more on this story in Sunday’s edition of.

The mechanics of retail with Baraka’s Ahmed Ragab:

On this episode of Making It, Ahmed Ragab, CEO and partner at Baraka Retail Group,

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THE BIG STORY ABROAD

🌐 Leading the digital pages this afternoon is US President Donald Trump’s shocking — and fiscally questionable — proposal to pay every US adult USD 5k

^^Read more on: Bloomberg BBC CNBC Reuters The Guardian

^^Read more on: Bloomberg CNBC Reuters

^^Read more on: CNBC Reuters The Financial Times

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☀️ TOMORROW’S WEATHER

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