Egypt’s annual headline inflation slows to 12.7% in August as food prices fall

✦Key takeaways

Egypt’s annual headline inflation eased to 12.7% in August from 13% in July.
Urban inflation slowed to 14.5% from 14.9%, while the General CPI was unchanged at 289.8 points.
Food and beverage prices fell 1.2% month-on-month, led by declines in meat and poultry, cereals and bread, and fish and seafood.

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