Inflation in Egypt
Egypt - Inflation
Inflation tumbles in December
In December consumer prices fell 3.39% compared to the previous month, more than the 0.76% decrease in November. This most recent outturn was due to a large fall in prices for food and beverages.
Inflation decelerated to 12.0% in December, down from 15.7% in November and within the Central Bank of Egypt’s Q4 2018 target range of 13% plus or minus three percentage points. A new target of 9% plus or minus three percentage points was announced in December for Q4 2020. Core inflation ticked up to 8.3% in December from 7.9% in November. Meanwhile, annual average inflation slowed to 14.4% in December, down from 15.2% in November.
Egypt Inflation Forecast
FocusEconomics Consensus Forecast panelists expect inflation to average 12.8% in calendar year 2019, which is unchanged from last month’s forecast, and 10.5% in calendar year 2020.
Egypt - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 9.5 | 10.1 | 10.4 | 13.8 | 29.5 |
Egypt Inflation Chart
Source: Central Agency for Public Mobilization and Statistics.
Egypt Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 18.00 | 0.0 % | Jan 16 |
| Exchange Rate | 17.92 | 0.0 % | Jan 16 |
| Stock Market | 1,309 | 0.53 % | Jan 16 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Egypt: Inflation tumbles in December
January 10, 2019
In December consumer prices fell 3.39% compared to the previous month, more than the 0.76% decrease in November.
Egypt: The non-oil private sector inches closer to expansion in December
January 10, 2019
The Emirates NBD Egypt Purchasing Managers’ Index (PMI) ticked up to 49.6 in December from 49.2 in November, which represents a four-month high.
Egypt: Central Bank stands pat in December
December 27, 2018
At its monetary policy meeting held on 27 December, the Central Bank of Egypt (CBE) left the overnight deposit rate at 16.75%, the overnight lending rate at 17.75% and the main operation rate at 17.25%.
Egypt: Inflation decelerates in November
December 10, 2018
In November, urban consumer prices fell 0.76% from the previous month, contrasting October’s 2.59% increase.
Egypt: The non-oil private sector remains lackluster in November
December 6, 2018
The Emirates NBD Egypt Purchasing Managers’ Index (PMI) ticked up to 49.2 in November from 48.6 in October.
© Copyright: 2019 | Egypt Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
