Report
Sandy Eskaros

Egypt inflation picks up in April, interest rates to remain unchanged

Pre-Ramadan demand takes Food prices up
Inflation for total Egypt accelerated to 5.9% YoY in April 2020, from 4.6% YoY in March. This acceleration is explained by the rise in demand for food items that usually occurs on the month preceding Ramadan. This demand surge was reflected on Food & Beverages and Tobacco categories MoM.
Inflation was driven by its heaviest constituents: Food, Utilities and Healthcare
Both on an annual and monthly level, April inflation was driven by non-food items as...
Provider
Tellimer
Tellimer

Tellimer provides an integrated suite of services focused on the world's developing markets. It offers world class investment research and local insights; end-to-end content distribution and analytics; market execution and corporate access; brokerage services across Fixed Income and Equities; and expert advisory services.

Tellimer is headquartered in London, UK, with additional offices in Dubai, Lagos, Nairobi, New York and Singapore. It is a division of Exotix Partners LLP.

Analysts
Sandy Eskaros

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