{"id":687464,"date":"2026-03-11T00:00:00","date_gmt":"2026-03-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=687464"},"modified":"2026-03-11T04:01:52","modified_gmt":"2026-03-11T04:01:52","slug":"fuel-price-hikes-send-ripple-effects-through-goods-and-services","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/","title":{"rendered":"Fuel price hikes send ripple effects through goods and services"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, all. <\/strong>We have some good news to kick off the issue after yesterday\u2019s surprise fuel price hike \u2014 the EGP is strengthening against the greenback, the bourse is up, and we\u2019re hoping we\u2019re on the path to recovery after what has been a volatile March so far. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To balance out the good news<\/strong>, February\u2019s inflation reading came in higher than expected, primarily driven by a jump in food and beverage prices and the road ahead points to further increases, which could put monetary easing on the backburner for now. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" style=\"\">WISH THIS MORNING\u2019S ISSUE was a podcast? We\u2019ve got you. Tap or click here<\/a><\/strong> to listen to Morning Drive, a 10-minute version of today\u2019s issue crafted for you to enjoy with your morning coffee, while getting the kids ready for school, <strong>or while stomping around the house wondering where the [redacted] you left your [redacted] reading glasses.<\/strong><strong>***<\/strong><\/p>\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>FUEL PRICES \u2014 Yesterday\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/10\/egypt-hikes-fuel-prices\/\" style=\"\">fuel price hikes<\/a><\/strong><strong> are <\/strong><strong>alread<\/strong><strong>y starting to filter <\/strong><strong>through to the price of goods and services<\/strong>, with the Chambers of Commerce\u2019s Land Transport Division considering hiking prices by 15-20% on the back of the 17.1% jump in diesel prices to EGP 20.50 per liter, a source with knowledge of the matter tells EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Your mobile bill may also soon rise as operators push for price adjustments <\/strong>following the fuel price hikes, further adding to the already increasing costs of operating cell towers, a source working at a mobile operator tells us. The proposal is currently under study, with a final decision to raise prices likely next month, a government source in the sector said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But some goods will remain shielded from potential increases<\/strong>, like subsidized bread purchased with ration cards, which will remain at EGP 0.20 a loaf as the state covers the extra EGP 134 mn in additional expenses from fuel price hikes, Supply Minister Sherif Farouk said. The price of unsubsidized fino bread, however, is expected to rise 20%, with a final decision to be made tomorrow as the Bakeries Division meets, head of the division Abdullah Ghorab tells us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prices of subsidized goods at the proper outlets and from cooperatives are likewise set <\/strong><strong>to remain stable<\/strong>, the minister said. Agricultural goods should also see a limited impact, as the use of large-capacity vehicles to transport produce helps distribute the added fuel costs across more units, effectively reducing potential price increases per item, Vegetables and Fruits Division head Hatem El Naguib explained.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The road to recovery? <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>After days <\/strong><strong>of weakening, the EGP posted gains against the greenback <\/strong><strong>yesterday<\/strong>, with the USD changing hands at EGP 51.94-52.04 at state-owned banks, falling from record highs seen earlier in the week. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The bourse also saw gains<\/strong>, with the EGX30 rising 2.9% yesterday, driven by local institutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Interbank activity didn\u2019t reflect the strengthening EGP<\/strong>, with interbank volume surpassing USD 1.3 bn, banking sources told EnterpriseAM. The increase was the result of banks looking to meet higher import demand, amid growing concerns that the continuation of the war could extend shipping times and delay deliveries, in addition to foreign investor outflows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Checking in on the citizen bonds. <\/strong>The debt instrument brought in EGP 5 bn since its debut late last month, a senior government source told us, adding that this exceeds expectations and reflects a recovery in the local debt market. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\">Saudi Arabia<\/a><\/strong><strong>, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\">UAE<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\">MENA-India<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\">Corridor<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Market watch<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Saudi Arabia, the UAE, Iraq, and Kuwait cut production by some 6.7 mn <\/strong><strong>bbl \/ d<\/strong> \u2014 shaving some 6% off global oil supply, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-03-10\/middle-east-oil-output-cuts-deepen-as-ships-stay-clear-of-hormuz\" style=\"\">Bloomberg<\/a> reports, citing people it says are familiar with the matter. Saudi trimmed some 2.5 mn bbl \/ d, Iraq roughly 2.9 mn bbl \/ d, the UAE 500k-800k bbl \/ d, and Kuwait about 500k bbl \/ d. For Saudi Arabia, the UAE, and Kuwait, that translates to roughly 20-25% below February output levels.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The spillover: <\/strong>The crisis is triggering a \u201csevere chain reaction\u201d across shipping, [ins.], aviation, agriculture, and automotive supply chain,\u201d Aramco\u2019s CEO Amin Nasser said, noting that global inventories are already sitting near five-year lows.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Following <\/strong><strong>Monday\u2019s dro<\/strong><strong>p, oil prices eased further yesterday <\/strong>after the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/business\/energy-oil\/iea-proposes-largest-ever-oil-release-from-strategic-reserves-275f4e5c\" style=\"\">Wall Street Journal<\/a> reported that the International Energy Agency is considering releasing more than 182 mn barrels of oil to curb the surge in prices seen since the outbreak of the US-Israel-Iran war. A decision on the motion is anticipated today. The plan requires unanimous approval for immediate adoption, otherwise the process could be stalled.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prices fell on the news<\/strong>, with Brent futures dropping 0.26% to USD 87.57 \/ bbl and West Texas Intermediate dipping 0.44% to USD 83.08.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could this be the second wind we need? <\/strong>Egypt\u2019s status as a net oil importer has made it especially sensitive to the war\u2019s impact on fuel pricing, which makes a stabilizing force very welcome for our economy. Morgan Stanley <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/10\/egypt-hikes-fuel-prices\/\" style=\"\">downgraded<\/a> the outlook of Egyptian equities due to the economy\u2019s relative vulnerability to oil supply shocks earlier this week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>22% \u2014 that\u2019s how much <\/strong><strong>global air cargo capacity<\/strong><strong> was reduced last week as disruptions from the<\/strong><strong> war mounted<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/perishables-plane-parts-stranded-middle-east-conflict-hits-air-cargo-2026-03-05\/\" style=\"\">Reuters<\/a> reported on Thursday, citing aviation-focused consulting firm Aevean. The impact was most severe on the Asia-Middle East-Europe corridor, where capacity has been slashed by 39%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/780.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">PSA<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>The temperature is slowly rising \u2014 but still chilly \u2014 in Cairo today, with a high of 23\u00b0C and a low of 13\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It might drip in Alexandria<\/strong>, with a high of 21\u00b0C and a low of 13\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s another mornin<\/strong><strong>g with the front pages all about the US and Israel\u2019s continued <\/strong><strong>campaign against Iran<\/strong>, which <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2026\/mar\/10\/tehran-strikes-mixed-us-messages\" style=\"\">saw the most intense night of aerial bombardment<\/a> on Tuesday. Earlier today, Iran <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/iran-says-oil-blockade-will-continue-until-attacks-end-trump-threatens-hit-2026-03-10\/\" style=\"\">retaliated<\/a> by launching attacks on central Israel and US military sites in Bahrain.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That said, Washington urged Israel not to launch further strikes on Iranian energy <\/strong><strong>facilities<\/strong>, especially oil infrastructure, three unnamed sources told <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2026\/03\/10\/iran-oil-israel-strikes-trump\" style=\"\">Axios<\/a>. The Trump administration reportedly argued that such attacks would harm the Iranian public and jeopardize future US cooperation with Iran\u2019s oil sector post-conflict. Washington also cautioned that these strikes could provoke retaliatory strikes against Gulf allies and their own energy sites.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile on Wall Street: <\/strong>Microsoft has <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/4efa382a-3c77-4515-bb0f-ab5f0450037e\" style=\"\">cemented its support<\/a> for Anthropic\u2019s lawsuit against the Pentagon, arguing that moves to punish the AI startup would be detrimental to the broader US tech scene. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2503.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> EnterpriseAM\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>We look at why electrifying commercial fleets is the way to go, taking into account the environmental and fiscal benefits. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, all. We have some good news to kick off the issue after yesterday\u2019s surprise fuel price hike \u2014 the EGP is strengthening against the greenback, the bourse is up, and we\u2019re hoping we\u2019re on the path to recovery after what has been a volatile March so far. To balance out the good news, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":687465,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[12567],"tags":[72,1666,182,8626,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-687464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-9","tag-enterpriseam","tag-exchange-rate","tag-inflation","tag-oil-gas","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"fd57ae92-d9ee-44c0-9f5e-90bc582cb09f","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/3\/598.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Fuel price hikes send ripple effects through goods and services","related_issue":[687462],"teaser":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fuel price hikes send ripple effects through goods and services - 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\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fuel price hikes send ripple effects through goods and services\" \/>\n<meta property=\"og:description\" content=\"Good morning, all. We have some good news to kick off the issue after yesterday\u2019s surprise fuel price hike \u2014 the EGP is strengthening against the greenback, the bourse is up, and we\u2019re hoping we\u2019re on the path to recovery after what has been a volatile March so far. To balance out the good news, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-11T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-11T04:01:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/598.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Fuel price hikes send ripple effects through goods and services\",\"datePublished\":\"2026-03-11T00:00:00+00:00\",\"dateModified\":\"2026-03-11T04:01:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/\"},\"wordCount\":1181,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/11\/fuel-price-hikes-send-ripple-effects-through-goods-and-services\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/3\/598.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"exchange rate\",\"inflation\",\"oil &amp; 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The air is still tense at the prospect of another interest rate hike akin to the 200 bps increase in rates in May. Banking sources tell Al Shorouk that the committee will\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":563723,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/14\/this-morning-four-days-off-next-week-egx-election-day-irrigation-minister-in-drc-hariri-to-meet-shoukry-in-cairo-today-us-inflation-spikes\/","url_meta":{"origin":687464,"position":2},"title":"THIS MORNING: Four days off next week; EGX election day; Irrigation minister in DRC; Hariri to meet Shoukry in Cairo today; US inflation spikes.","author":"enterpriseam admin","date":"14 July 2021","format":false,"excerpt":"GOOD NEWS- We\u2019re officially getting a four-day vacation: Government agencies and public sector companies will receive a four-day break next week in observance of Eid Al Adha, the cabinet announced yesterday. Eid holiday will run from Monday, 19 July until Thursday, 22 July, while Saturday, 24 July will also be\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637283,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/what-were-tracking-this-week-99\/","url_meta":{"origin":687464,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"13 November 2017","format":false,"excerpt":"The central bank\u2019s Monetary Policy Committee convenes on Thursday to review interest rates in light of urban consumer price inflation dropping to 30.8% in October from 31.6% in September \u2014 the third straight month of declining inflation.","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":552917,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/this-evening-inflation-hits-highest-levels-in-four-years-russia-hammers-ukraine-in-retaliatory-missile-attacks\/","url_meta":{"origin":687464,"position":4},"title":"THIS EVENING: Inflation hits highest levels in four years + Russia hammers Ukraine in retaliatory missile attacks","author":"enterpriseam admin","date":"10 October 2022","format":false,"excerpt":"Good afternoon, friends. We have a reasonably busy Monday on our hands here in Omm El Donia, while the international press\u2019 attention is divided between the latest developments in Ukraine and the IMF \/ World Bank annual meetings.THE BIG STORY TODAY Inflation accelerated last month to its fastest pace since\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559048,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/06\/what-were-tracking-on-6-january-2021\/","url_meta":{"origin":687464,"position":5},"title":"What we\u2019re tracking on 6 January 2021","author":"enterpriseam admin","date":"6 January 2021","format":false,"excerpt":"Merry Christmas to everyone who will be celebrating today and tomorrow \u2014 we wish you a beautiful, relaxing day with family and friends. 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