National

Egypt's core inflation eases to 10.7% in August: CBE

Sep 11, 2025

Cairo [Egypt], September 11: Egypt's annual core consumer price index (CPI) inflation eased to 10.7% in August 2025, down from 11.6% in July, the Central Bank of Egypt (CBE) said on Wednesday.
On a monthly basis, core CPI rose 0.1% in August, compared with a 0.3% fall in July and a 0.9% increase in August 2024.
Source: Emirates News Agency

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OPEC: Resilience of UAE's non-oil economy supports growth; strengthens country's position as global trade hub

Vienna [Austria], September 12: The Organisation of the Petroleum Exporting Countries (OPEC) in its Monthly Oil Market Report (MOMR) for September 2025 highlighted that non-oil activities in the United Arab Emirates (UAE) continued to demonstrate strong resilience, with overall output growth remaining steady. The report noted that the UAE's Purchasing Managers' Index (PMI) rebounded in August to 53.3, after easing in July to 52.9, its lowest level in four years, as regional uncertainty and intensifying competition weighed on new orders.

Sep 12, 2025