Inflation in Egypt
Egypt - Inflation (end of period)
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 (eop) Data
|Inflation Rate (CPI, annual variation in %, eop)||11.1||23.3||21.9||12.0||7.1|
5 years of economic forecasts for more than 30 economic indicators.
Egypt Inflation (eop) Chart
Source: Central Agency for Public Mobilization and Statistics.
|Bond Yield||13.70||0.0 %||Dec 31|
|Exchange Rate||16.04||0.0 %||Jan 01|
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June 10, 2021
Consumer prices rose 0.71% in May over the previous month, a smaller increase than the 0.89% rise recorded in April.
June 3, 2021
Egypt’s Purchasing Managers’ Index (PMI)—which measures business activity in the non-oil private sector—rose to 48.6 in May from 47.7 in April, hitting a three-month high in the process.
May 11, 2021
Consumer prices rose 0.89% from the previous month in April, accelerating from March's 0.63% increase.
May 6, 2021
Egypt’s Purchasing Managers’ Index (PMI)—which measures business activity in the non-oil private sector—inched down to 47.7 in April from 48.0 in March, hitting a 10-month low in the process.
May 5, 2021
The economy expanded 2.0% year-on-year in the second quarter of FY 2021 (October–December 2020), according to estimates released by the Ministry of Planning and Economic Development.