date:Mar 14, 2013
heir higher costs to consumers.
Annual consumer price inflation in Egyptian cities leapt to 8.2 percent in February from 6.3 percent in January, reaching the highest level since May. Food and drink prices rose 9.3 percent year-on-year last month.
Nancy Fahim, economist at Standard Chartered in Dubai, predicted the weakness of Egypt's economy may limit any rise in overall inflation, however; average national inflation in the current fiscal year to June may yet be lower than last fiscal year's a