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Posted: 2025-05-10 10:49:33 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-10 10:49:44 UTC
Verified By
Rollup News
Egypt claims inflation is under control, but recent data indicates otherwise, with urban inflation rising to 13.9% in April despite cooling food prices. Fuel hikes are significantly impacting wallets, and questions arise about the effectiveness of current economic measures.
Urban inflation in Egypt reached 13.9% in April.
Fuel price hikes are a major contributor to inflation.
Concerns about the effectiveness of current economic measures (currency devaluation, interest rate hikes, IMF loans) in stabilizing the economy.
Rising urban inflation despite cooling food prices.
Impact of fuel price hikes on consumers.
Doubts about the effectiveness of current economic policies.