Egypt annual headline inflation continues downturn trend in June

CAIRO, July 10 (Xinhua) -- Egypt's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body reported on Wednesday.

In a statement, Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) attributed the slowdown to the decline in prices of cereal and bread by 13.5 percen