{"id":645502,"date":"2017-07-20T04:05:42","date_gmt":"2017-07-20T04:05:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/egypt-economic-activity-slows-in-2q2017\/"},"modified":"2017-07-20T04:05:42","modified_gmt":"2017-07-20T04:05:42","slug":"egypt-economic-activity-slows-in-2q2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/egypt-economic-activity-slows-in-2q2017\/","title":{"rendered":"Egypt economic activity slows in 2Q2017"},"content":{"rendered":"

Financial Conditions Index \u2014 Further tightness is underway following July\u2019s interest rate hike: <\/strong>Economic activity in Egypt slowed down in 2Q2017, Pharos Research\u2019s Financial Conditions Index (FCI) reveals. Despite M2 acceleration, real broad liquidity sub-index is expected to reflect more tightened monetary conditions, due to the inflationary shock of a higher fuel and electricity prices, in addition to the impact of July\u2019s interest rate hike. Furthermore, the EGX30 Index was mostly flat in June, not to mention that average daily overnight interbank rate rose significantly, from 15.4% in April to 17.6% in June. You can catch the full report here<\/a>.<\/p>\n

***<\/span><\/p>\n

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Financial Conditions Index \u2014 Further tightness is underway following July\u2019s interest rate hike: Economic activity in Egypt slowed down in 2Q2017, Pharos Research\u2019s Financial Conditions Index (FCI) reveals. Despite M2 acceleration, real broad liquidity sub-index is expected to reflect more tightened monetary conditions, due to the inflationary shock of a higher fuel and electricity prices, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9583],"tags":[72,9582],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645502","post","type-post","status-publish","format-standard","hentry","category-the-markets-yesterday","tag-enterpriseam","tag-the-markets-yesterday","wpautop","entry"],"acf":{"mongo_id":"b09fc616-82cb-4fdc-b1e3-444cde53bf6e","order":"0","is_powered_by":true,"section_story_id":"ba239ad6-9902-47b0-a4e2-7ff83cb1f10e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645451],"teaser":"","voice_url":""},"yoast_head":"\nEgypt economic activity slows in 2Q2017 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/egypt-economic-activity-slows-in-2q2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt economic activity slows in 2Q2017\" \/>\n<meta property=\"og:description\" content=\"Financial Conditions Index \u2014 Further tightness is underway following July\u2019s interest rate hike: Economic activity in Egypt slowed down in 2Q2017, Pharos Research\u2019s Financial Conditions Index (FCI) reveals. 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