Economics

Egypt Inflation Ends Six-Month Surge Despite War Spillovers

The Al-Monira market in Cairo.
Photographer: Islam Safwat/Bloomberg

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By Mirette Magdy

July 7, 2022 at 6:57 AM UTC

Updated on

July 7, 2022 at 12:41 PM UTC

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Inflation in urban parts of Egypt slowed in June after a six-month acceleration that left the country facing some of its biggest cost increases in years.