Egypt’s core annual inflation rose to 7.08 percent in the year to July from 6.70 percent in June, the central bank said on its website on Tuesday.
Four analysts polled by Reuters had forecast core annual inflation rising to an average of 7.1 percent. Forecasts ranged from 6.9 percent and 7.2 percent.
Core inflation strips out subsidized goods and volatile items including fruit and vegetables.
