Egypt Inflation Holds Steady, May Give Scope for More Rate Cuts
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Egypt’s inflation rate was unchanged in December, potentially giving the central bank scope to further cut borrowing costs in 2026.Consumer-price growth in urban areas was 12.3%, the same level as the month before, state statistics agency CAPMAS said Saturday. On a monthly basis, inflation was 0.2% versus 0.3% in November.