Image Credit: PxHere Egypt’s annual inflation showed a slight decline in April, providing tentative relief to an economy grappling with rising prices and a weakening currency. According to a monthly report published by the Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 May, Egypt’s annual headline inflation decreased to 31.5 percent in April from 33.9 percent the previous month. Meanwhile, the country’s annual urban consumer inflation slowed to 30.6 percent from 32.7 percent in March. Price increases have also softened across several sectors during April. Housing and utility inflation slowed to 8 percent from 8.3 percent, and transportation inflation slowed to 19.1 perc
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