Egypt Inflation Slows for Second Month as Voters Cast Ballots

Egyptian inflation eased for a second consecutive month to reach its lowest level since May, handing authorities a measure of good news just as voting begins in presidential elections.

Annual urban inflation was 34.6% in November compared to 35.8% the previous month, according to the state-run CAPMAS statistics agency. Food and beverages prices, the largest single component of the inflation basket, rose 64.5%.