CAIRO, Sept 10 (Reuters) - Egypt's annual urban consumer price inflation rate decreased to 7.5% in August from 8.7% in July, the official statistics agency CAMPAS said on Tuesday.
Egypt is approaching the end of an IMF-backed economic reform programme that during 2017 saw the annual inflation rate rise to 33%. The country hiked domestic fuel prices in July as part of the terms of the agreement.
(Reporting by Nadine Awadalla; Editing by Richard Borsuk)
((Nadine.Awadalla@thomsonreuters.com;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.