Increase in fuel prices will exacerbate Egyptian inflation, says EFG Hermes
- Published: 15 May 2008 14:25
- Author:Will Hadfield | More by this Author
- Last Updated: 15 May 2008 14:25
The Egyptian government's decision to increase the price of petrol by £E0.50 a litre on 5 May will further exacerbate Egypt's inflation problem, according to investment bank EFG-Hermes.
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