Inflation Data

Non-oil private sector confidence for coming 12M climbs with PMI hitting 3-year high

Tue, 04 Jun 2024 - 10:58 GMT

Compared to April’s 47.4, the country’s PMI for May showed a solid trajectory towards growth, barely under the 50 threshold for growth

Egypt's inflation rate climbs to record 36% in February 2024: CAPMAS

Sun, 10 Mar 2024 - 09:28 GMT

CAPMAS further reported that the monthly inflation rate for February 2024 soared to 11.0 percent, compared to 1.7 percent in January 2024

Headline inflation drops to 31.2% in January as inflation continues to slow

Thu, 08 Feb 2024 - 03:16 GMT

Annual urban consumer price inflation (CPI) fell to 29.8 percent in January, dropping from 33.7 percent in December, wrote CAPMAS in its monthly bulletin

Economic growth shrinks to 2.65% in Q1 of FY23/24: Planning Ministry

Tue, 16 Jan 2024 - 11:31 GMT

The latest data reveals a slowdown compared to the 2.9 percent growth witnessed in the fourth quarter of the fiscal year 2022/2023.

CBE’s MPC keeps key interest rates unchanged as 2023 ends

Thu, 21 Dec 2023 - 05:18 GMT

This leaves the overnight deposit rate at 19.25 percent, the overnight lending rate at 20.25 percent, the rate of the main operation at 19.75 percent, and the discount rate at 19.75 percent.

CBE’s Monetary Policy Committee to set interest rates on Thursday

Tue, 19 Dec 2023 - 03:14 GMT

According to a recent Reuters poll involving 14 financial analysts, the majority of the analysts suggest that the CBE will maintain interest rates