Inflation’s fall to lowest level since 2013 keeps Egypt’s airwaves occupied
Yesterday’s release of inflation figures was the talk of the town, withAl Hayah Youm’s Khaled Abu Bakr (watch, runtime: 3:03) and Masaa DMC’s Ramy Radwan (watch, runtime: 11:03) among those taking note. We have the details in this morning’s Speed Round, below.
Inflation figures give CBE impetus for a rate cut: Hona Al Asema’s Lama Gebril took note of Bloomberg saying yesterday that August’s inflation figure puts Egypt in a position “primed for emerging world’s deepest rate cuts after Turkey.” The host gave her viewers a primer on the importance of rate cuts to increase liquidity in the economy and the relationship between interest and inflation rates (watch, runtime: 1:26).
Mohamed Salah snagging Liverpool’s Goal of the Month award for August obviously couldn’t go unnoticed, with Gebril happily reporting on the news and saying that Mo’s success is a source of joy for Egypt (watch, runtime: 6:55). Salah’s trademark finesse toward a far-right corner, after bolting past Arsenal’s defense, to put his team 3 up earned him the Red’s goal scorer of the month designation (watch the team’s top 5 goals here).