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Egypt Urban Inflation Falls to 12.7% in October

Annual urban consumer inflation eased from 13.9% in September and came in below the 13.1% median forecast in a Reuters poll.

Egypt's annual urban consumer inflation fell to 12.7% in October from 13.9% in September, data from statistics agency CAPMAS showed on Thursday.The reading was below the 13.1% median forecast in a Reuters poll of eight analysts, whose estimates ranged from 12.4% to 13.8%.Nationwide, annual inflatio…

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