CBE policy rates remain unchanged as Egypt reports 14.9% annual urban inflation. Inflation figures played a crucial role in the most recent policy review. In July, annual urban headline inflation climbed to 14.9% from 14.3% in June. Concurrently, annual core inflation rose to 14.7% from 14.3%. However, in July, both headline and core consumer prices showed no monthly growth. The primary focus remains on lowering inflation.
