Inflation in Egypt

Egypt Inflation | Economic News & Forecasts

Egypt - Inflation

Inflation increases to over one-year high in September

Consumer prices increased 1.14% over the previous month in September, following August's 0.07% rise. September's result was the highest reading since October 2020. The increase was primarily due to rising prices for food and non-alcoholic beverages. In addition, price pressures for medical care grew at a faster rate.

Inflation increased to 6.6% in September from August’s 5.7%. September's reading was the highest inflation rate since January 2020. Annual average inflation ticked up to 5.0% in September (August: 4.8%). Lastly, core inflation rose to 4.8% in September, from August’s 4.5%.

Our panelists see inflation averaging 5.4% in CY 2021 and 6.5% in CY 2022, which is unchanged from last month’s forecast.

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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