VOL. XXXV

NO. 40

6-JULY-1992

Financial and Banking News

Economic Indicators

Egypt's Urban Inflation Falls to 16.3%, Report Says

Urban inflation in Egypt fell to 16.3% in the year to May, according thecountry's Central Agency for Public Mobilization and Statistics. In the yearto January, when subsidies on some basic goods were removed, the rate had been26.3%, the agency said.