Arab Today, arab today inflation recalls ghosts of arab spring
Last Updated : GMT 17:26:21
Arab Today, arab today
Arab Today, arab today

Inflation recalls ghosts of Arab spring

Arab Today, arab today

Arab Today, arab today Inflation recalls ghosts of Arab spring

London - MENA

Inflation is on the rise in the Middle East and North Africa, bringing risks to consumption-driven growth and adding to political strains in the transitional countries least able to cope with them, Financial Times reported Friday. In Egypt, for instance, inflation increased from about four percent in November to about eight percent in February and may rise to 13 percent or more in coming months, says Rachel Ziemba, head of emerging markets at Roubini Global Economics, in a note on Friday. She says Morocco, Jordan and Tunisia are the most vulnerable countries in the region to continued inflationary pressure. That s quite a change in outlook. Last August, Ziemba was writing that consumer prices in the region were surprisingly subdued . She now writes that low base effects and rising global food prices combined with strong global liquidity are driving inflation again. This presents a test for local policy makers, particularly since official inflation likely understates the real price pressures. Instability in the region has been driven partly by economic grievances so governments have an urgent need to stabilize prices. Ziemba says potential support from the  International Monetary Fund may help cushion the blow, but in the absence of job creation, rising prices hit hard. Food prices have outpaced overall inflation, despite price controls. But even though global food prices have moderated, preliminary reports of a weak harvest in the Commonwealth of Independent States could mean prices will rise again, Ziemba says particularly in Egypt and Morocco, which have reduced their food stockpiles. For the wealthier countries in the region, inflation is not necessarily a bad thing. Rising prices in the United Arab Emirates, for example, reflect stronger economic growth, while higher incomes in the Gulf Cooperation Council countries have reduced the pressure from food prices on consumers. But for those struggling to get their economies back on track, it is one more  destabilizing factor.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today inflation recalls ghosts of arab spring Arab Today, arab today inflation recalls ghosts of arab spring

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today 11 family members dead in rebel push

GMT 07:57 2017 Tuesday ,21 February

11 family members dead in rebel push
Arab Today, arab today To probe sexual harassment claims

GMT 10:08 2017 Tuesday ,21 February

To probe sexual harassment claims

GMT 14:57 2017 Monday ,20 February

A giant initial public offering on track

GMT 14:50 2017 Monday ,20 February

Energy Market Research

GMT 09:38 2017 Monday ,20 February

Japan returns to trade deficit in January

GMT 07:16 2017 Monday ,20 February

Global arms trade highest since Cold War

GMT 06:10 2017 Monday ,20 February

Tourism shows signs of recovery in Egypt

GMT 05:45 2017 Monday ,20 February

Brexit U-turn ruled out by many in EU
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today 57 monkeys carrying 'invasive' genes

GMT 16:00 2017 Tuesday ,21 February

57 monkeys carrying 'invasive' genes
Arab Today, arab today 63-Year-Old Woman Delivers Baby

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Ahmed Fahmy stresses he did not ignore singing

GMT 06:34 2017 Sunday ,19 February

Ahmed Fahmy stresses he did not ignore singing
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 14:51 2017 Monday ,20 February

Ways to acquire presentation skills

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday