Egypt's Inflation Dynamics Shift, Demand Pull Inflation Still Key Player
Inflation in Egypt has changed a lot since the 1980s. The study looked at how inflation works in Egypt compared to the rest of the world. They found that inflation in Egypt is different - it lasts longer and has a bigger impact on future inflation. Demand for goods is a big reason for inflation in Egypt, explaining 30% of the changes. Inflation in Egypt also reacts more to supply issues since 2006. The study also found that factors other than the economy's output are now more important in causing inflation in Egypt.