On Inflation & Exchange Rate:
Short Term Prospects
Published: 29 January 2019
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Since the engagement in the IMF program, the economic landscape in Egypt has been fast changing. This has rendered business planning challenging more than ever. In light of arising business demand, Dcode EFC has been constantly publishing updates of key economic forecasts to help clarify implications of economic developments and inform business decisions. In this note, we shed light on two key economic variables of concern to the business community, mainly inflation and exchange rate. We are particularly aiming to provide insights on the short-term path of both variables and answer the following questions:
1. Is further devaluation in the cards?
2. Is double-digit inflation here to stay?