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flag Egypt's urban consumer price inflation slightly rose to 26.5% in October, driven by food and energy costs.

flag Egypt's annual urban consumer price inflation rose slightly to 26.5% in October from 26.4% the previous month, according to the country's statistics agency. flag This increase was slower than the expected 27%. flag Monthly inflation rose by 1.1%, the same as in September. flag Higher prices for food, electricity, gas, and fuel were major factors, while the cost of fruits, vegetables, and hotel services fell. flag The inflation is partly due to a 29.59% year-on-year expansion in the money supply.

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