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Egypt's annual urban consumer price inflation jumps to 28.1 pct in Jan
February 11, 2017 / 6:44 AM / in 9 months

Egypt's annual urban consumer price inflation jumps to 28.1 pct in Jan

CAIRO, Feb 11 (Reuters) - Egypt’s annual urban consumer price inflation rose in January to 28.1 percent from 23.3 percent in December, the official CAPMAS statistics agency said on Saturday.

Egypt abandoned its currency peg to the U.S. dollar on Nov.3 in a dramatic move that has since seen the currency depreciate roughly by half. (Reporting by Eric Knecht; Editing by Clarence Fernandez)

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