The further rise in Egyptian inflation in October, taking it above the upper bound of the central bank’s end-year target range, raises the risk that policymakers will hike interest rates at this week’s MPC meeting. But with underlying price pressures still subdued, we think it is more likely that interest rates will be left unchanged.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services