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Reuters Poll: Egypt inflation expected at 14.5% in May
Results from a Reuters poll indicate that the annual inflation rate in Egypt has declined to approximately 14.5% in May, driven by favorable base effects. This decrease comes after inflation reached 14.9% in April, with expectations of prices rising again in the coming months due to increases in electricity prices and other inflationary pressures. Official inflation data for Egypt is scheduled to be released the day after tomorrow.
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