Economy and macroUpdated November 9

Monthly core inflation accelerated to 1.2%

Here's the distinction behind the two readings: the annual rate can fall while prices still rise in a given month. Egypt's central bank put monthly core inflation at 1.2% in October, up from 0.8% in September. The month-to-month increase was faster even as the annual measure declined for a second consecutive month. One figure tracks the annual rate; the other captures the monthly pace, so they can move in opposite directions.

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Coverage started November 9