Egypt Food Prices Make Highest Surge in Five Years – Hermes (allAfrica.com)

Food prices have jumped in September to reach the biggest monthly increase in five years, EFG Hermes Holdings said in a research paper on Thursday. The surge was driven by a rise in vegetable prices, the Egypt-based investment bank and market analysis group said. Egypt’s urban consumer inflation jumped to 9.2 percent in September from 7.9…

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