A bakery at a market in Cairo. Soaring bread prices sparked by Russia's war in Ukraine have bitten into the purchasing power of Egyptian consumers. AFP
A bakery at a market in Cairo. Soaring bread prices sparked by Russia's war in Ukraine have bitten into the purchasing power of Egyptian consumers. AFP

Business

Economy

Egypt non-oil activity continues to contract in April amid higher inflation

Input costs rise and demand falls sharply as the North African country continues to face headwinds from the Ukraine war

Fareed Rahman
Fareed Rahman

May 08, 2022