The rate of inflation in Egypt has climbed in March on higher food prices, Bloomberg has reported. According to the Central Agency for Public Mobilization and Statistics, inflation in urban parts of Egypt, the gauge that the central bank monitors, rose to 11.5% from 10.7% in February. Prices increased 1.4% on a monthly basis, it said. "With inflation remaining to be food-prices led, we maintain our view that central bank of Egypt interest rates are likely to remain unchanged," Beltone said in a report.