EAGLEs Quarterly Report. Third Quarter 2011

During 2011 Q2 EAGLEs’ economic growth maintained a downward trend. Domestic demand continued to lose its momentum, while weaker industrial production signaled a more subdued economic expansion. Despite an increase in global risk aversion, consumer confidence maintained a high level as unemployment remains resilient. In Egypt, some of the economic activity indicators signal a rebound in the country’s economic activities.

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