Inflation in Egypt

Egypt Inflation | Economic News & Forecasts

Egypt - Inflation

Inflation slides in October

Consumer prices increased 1.50% in October over the previous month, accelerating from September's 1.14% rise. October's uptick marked the sharpest increase in prices since October 2020. Looking at the details of the release, prices for transport rose at a quicker rate in October, as did prices for housing and utilities.

Inflation fell to 6.3% in October, following September’s 6.6%. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 5.2% in October (September: 5.0%). Lastly, core inflation rose to 5.2% in October, from September’s 4.8%.

Our panelists see inflation averaging 6.6% in CY 2022, which is up 0.1 percentage points from last month’s forecast, and 6.7% in CY 2023.

Egypt - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)10.4  13.8  29.5  14.4  9.2  

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Egypt Inflation Chart

Egypt Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Agency for Public Mobilization and Statistics.

Egypt Facts

Value Change Date
Bond Yield13.700.0 %Dec 31
Exchange Rate16.040.0 %Jan 01

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