Inflation in Egypt

Egypt Inflation | Economic News & Forecasts

Egypt - Inflation

Inflation rises in May

Consumer prices rose 0.71% in May over the previous month, a smaller increase than the 0.89% rise recorded in April. The figure was primarily due to slower growth in prices for food and non-alcoholic beverages, and transport.

Inflation came in at 4.8% in May, up from April’s 4.1%. May's figure was the highest inflation rate since December 2020. Annual average inflation ticked up to 4.6% in May (April: 4.5%), while core inflation inched up to 3.4% in May, from April’s 3.3%.

FocusEconomics Consensus Forecast panelists expect inflation to average 5.4% in CY 2021, which is down 0.1 percentage points from last month’s forecast, and 6.7% in CY 2022.

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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