Egypt's annual urban consumer price inflation falls to 10.1 pct in Jan

CAIRO (Reuters) - Egypt's annual urban consumer inflation fell to 10.1 percent in January from 11.1 percent the previous month, the country's statistics agency CAMPAS said on Wednesday. The decrease came after the country raised interest rates by 50 basis points in December citing inflationary pressure. In November, Egypt's government said it would control prices of certain essential goods. (Reporting by Ahmed Aboulenein and Lin Noueihed; editing by John Stonestreet)