13 Hrs
Source:
المصري اليوم
Fuel prices may rise soon while egg costs jump
The article primarily discusses the preparations and expectations regarding a potential increase in fuel prices in Egypt. Predictions indicate a possible rise in fuel prices despite no official decision being announced so far. It also mentions that the Central Bank of Egypt has maintained interest rates at 19% on deposits and 20% on loans, amid ongoing geopolitical risks and global inflation, with expectations of an upcoming rise in domestic inflation rates. Additionally, the report highlights a nearly 90% increase in egg prices over the past two months, emphasizing that prices for poultry and eggs are influenced by supply and demand despite previous losses faced by producers. The article also features insights from market experts and analysts, some of whom criticize the continuous and frequent fluctuations in prices, calling for greater government intervention to control costs and prices.
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