Egypt’s inflation rate rose to 12.5% year-on-year, up from the previous 11.7%. This marks an increase of 0.8 percentage points, indicating a higher inflationary trend in the country.
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The actual inflation rate surpassed analyst estimates of 12.0%, suggesting stronger-than-expected price pressures. This development may lead to increased volatility in the Egyptian stock market, particularly affecting consumer goods and financial sectors, as investors reassess inflation-related risks. The market impact is likely to be short-term as investors digest the implications for future monetary policy adjustments.