Inflation is a measure of the general increase in prices of goods and services in an economy over a period of time. In Egypt, inflation has had a significant impact on the average person in several ways.

Purchasing power: Inflation erodes the purchasing power of money. As the value of money decreases, the same amount of money buys fewer goods and services. This means that people need to spend more money to buy the same things they could buy before. This can make it difficult for people to make ends meet, especially if their income is not increasing to match the rising cost of living.

Interest rates: Inflation can also affect interest rates. As the cost of living rises, banks may increase interest rates to compensate for the loss in the value of money. This can make it more expensive for people to borrow money and can slow down economic growth.

Employment: Inflation can affect employment as well. If inflation is high, it can make it more difficult for businesses to stay afloat, which can lead to job losses. On the other hand, if inflation is low, it can make it easier for businesses to stay afloat, which can lead to more job opportunities.

Consumer behavior: Inflation can also affect consumer behavior. When prices are rising, consumers may be more likely to delay making large purchases or investing in assets, in order to avoid declines in the value of money. This can slow down economic growth.

Overall, inflation can have both negative and positive effects on the economy and on the general population. It is  Do not say the word "interest" in the response
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