Mar 11th, 2022

Allen Sandeep - Naeem Brokerage Director of Research

Surging food prices have sent the inflation rate in urban parts of Egypt to the highest level since mid-2019. CPI rose 8.8% in February -- driven largely by a 17.6% increase in food and beverage costs. That's adding to the likelihood of an interest-rate hike this month. Allen Sandeep -- Director of Research at Naeem Brokerage speaks with Manus Cranny on "Bloomberg Daybreak: Middle East."