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Stock impact report

Egyptian Inflation Slightly Quickens for a Third Straight Month [Yahoo! Finance]

Eastern Company (The) (EML) 
US:NASDAQ Investor Relations: easterncompany.com
Company Research Source: Yahoo! Finance
The Leaf Blowers Will Not Go Quietly Arizona Elections Signal Robust Immigration Enforcement Under Trump Scoring an Architectural Breakthrough in Denver's RiNo District Key Ballot Initiatives and Local Races Highlight Views on Abortion, Immigration Annual consumer prices in urban areas rose 26.5% in October versus 26.4% the month before, state statistics agency CAPMAS said Sunday. The index increased 1.1% month-on-month, from 2.1% in September. Food and beverage prices, the largest single component of the inflation basket, climbed an annual 27.3% versus 27.7% in September. The North African nation hiked fuel prices by an average of 9.2% in October. That was the third increase this year and was part of a broader plan by Egypt to reduce subsidies and improve the government's finances. Because of the support, Egypt has some of the world's cheapest gasoline and bread. Sunday's data may increase the chances of the central bank keeping interest rates at 27.25% for a fifth con Show less Read more
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