Egypt inflation falls in March

11 April 2010

According to data by Egypt's Central Agency for Public Mobilization and Statistics, the country's inflation rate had declined for a second month in March, giving the central bank more room to keep its benchmark interest rates at a three-year low, Bloomberg has reported. Urban inflation, the main rate the central bank monitors, slowed to 12.2% from 12.8% in February, the data showed.

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