The cost of living in Egypt accelerated to its highest level this decade due to a weaker currency and slashed state assistance, escalating concerns about the economic health of the Arab world’s most populous nation. Egypt’s annual urban inflation rate increased to 28.1% in January on higher food-and-beverage prices, Egypt’s statistics agency said Saturday. Egypt’s headline inflation was at 23.3% a month earlier, according to data...

Source: Wall Street Journal February 11, 2017 13:41 UTC