CAIRO (Reuters) – Egypt's urban consumer inflation shot up to 8.2 percent in the 12 months to February, statistics agency CAPMAS said on Sunday, as a sliding Egyptian pound pushed up food prices. The rate jumped from an annual 6.3 percent in January, putting inflation at the highest since May last year as an economic crisis erodes living standards and deepens anger among Egyptians at a time of political and social turmoil. February's month-on-month rate also leapt to 2.5 percent from 1.7 the previous month. Food and drink prices – a major spending item particularly for Egypt's poor – rose 9. …
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