Egypt's inflation rises to 11.5% in March

Reuters

Sun, 10/04/2011 - 14:39

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Urban consumer inflation in Egypt rose to 11.5 percent in the 12 months to March from 10.7 percent in February, the state-run CAPMAS statistics agency said on its website on Sunday.

Several analysts raised their 2011 forecasts for urban inflation -- the most closely watched indicator of prices -- as a result of a weaker pound and imported inflation.