inflation

Egypt's annual inflation rises to 16.3% in October, urban inflation reaches 16.2%

Thu, 10 Nov 2022 - 11:55 GMT

On a monthly basis, inflation recorded 137.2 points in October 2022, recording a 2.5 percent increase compared to September 2022, the CAPMAS said.

Banking experts: CBE's decisions back efforts to contain inflation

Thu, 27 Oct 2022 - 03:17 GMT

The CBE has decided to set the overnight lending rate at 14.25 percent and the overnight deposit rate at 13.25 percent.

Egypt’s Economic Conference to kick off Sunday to discuss future of economy amid global crises

Sat, 22 Oct 2022 - 12:25 GMT

The Egyptian Economic Conference 2022 will kick off on Sunday to discuss the situation and future of Egypt’s economy amid consecutive economic crises across the world.

Consumer inflation hits highest record of 15% in 4 years: CAPMAS

Tue, 11 Oct 2022 - 12:57 GMT

The annual urban consumer inflation in Egypt is at its highest of 15 percent in four years, according to Monday data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

Egypt's annual inflation rises to 15.3% in August, urban inflation reaches 14.6%

Thu, 08 Sep 2022 - 09:17 GMT

On a monthly basis, inflation recorded 131.7 points in August 2022, recording a 0.5 percent increase compared to July 2022, the CAPMAS said.

How Egyptian government lowered prices of barley rice to make it affordable

Mon, 29 Aug 2022 - 07:43 GMT

The Egyptian government issued a decree, per which farmers shall deliver barley rice during the current season and until mid-December, to make it available for the public on the ration cards.

Egypt's annual inflation rises to 14.6% in July, urban inflation reaches 13.6%

Wed, 10 Aug 2022 - 02:40 GMT

The annual urban inflation rate also hiked in July to 13.6 percent, compared to 13.2 percent in June, according to the state-statistic body’s data.

Month-on-month inflation in Egypt records negative rate for 1st time in 2022

Mon, 11 Jul 2022 - 02:54 GMT

The Cabinet declared Monday that month-on-month inflation dropped for the first time in six months in spite of the continuing repercussions of the Russia-Ukraine War.

Egypt's annual inflation decline for 1st time in 7 months, records 14.7% in June

Thu, 07 Jul 2022 - 02:17 GMT

A decline in the inflation rate does not mean that prices have fallen, however, it does mean that prices have risen at a slower pace.

Egypt's annual inflation records 15.3% in May, urban inflation reaches 13.5%

Thu, 09 Jun 2022 - 03:34 GMT

On a monthly basis, inflation recorded 130.2 points in May 2022, recording a 3.9 percent increase compared to April 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

In figures: How Russia-Ukraine crisis affected Egypt’s economic growth

Thu, 09 Jun 2022 - 11:21 GMT

This review shows indicators of Egypt’s economic growth rates before and after the Russian war on Ukraine.

Moody’s changes its outlook of Egypt to negative from stable

Fri, 27 May 2022 - 12:54 GMT

The agency attributed the change in its outlook to the inflation in the food prices, saying that if the government could not mitigate such raises in prices, it would cause “social tensions,” despite the foreign financial support of the Gulf States Council (GCC) and the prospect of a new IMF program.

Egypt's annual inflation records 14.9% in April, urban inflation reaches 13.1%

Tue, 10 May 2022 - 10:34 GMT

As for urban inflation, it surged in April to 13.1 percent, compared to 10.5 percent in March.

War, stagflation threaten global economy as pandemic recovery slows

Tue, 19 Apr 2022 - 03:23 GMT

Mounting price pressures, slipping output expansion and sagging confidence will all pose a drag for most countries, according to the latest Brookings-FT tracking index.

Egypt's annual inflation records 12.1% in March, urban inflation reaches its highest in 3 years at 10.5%

Sun, 10 Apr 2022 - 02:20 GMT

On a monthly basis, inflation recorded 124.4 points in March 2022, recording a 2.4 percent increase compared to February 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt's annual inflation records 10% during February, urban inflation surges to 8.8%

Thu, 10 Mar 2022 - 02:51 GMT

On a monthly basis, inflation recorded 121.4 points in February 2022, recording a 2 percent increase compared to January 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Imported inflation in Egypt is 30-35%: planning minister

Tue, 22 Feb 2022 - 12:20 GMT

Minister of Planning and Economic Development Hala al-Said made the statement in a press conference Tuesday.

Egypt's annual inflation records 8% during January, urban inflation hikes to 7.3%

Thu, 10 Feb 2022 - 02:05 GMT

On a monthly basis, inflation recorded 119.1 points in January 2022, recording a 1 percent increase compared to December 2021.

Egypt's annual inflation records 6.2% during November, urban inflation dips to 5.6%

Thu, 09 Dec 2021 - 11:13 GMT

Annual urban consumer price inflation fell to 5.6% in November, on an annual basis, from 6.3% in October, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt's annual inflation records 7.3% during October, hikes 1.7% monthly

Wed, 10 Nov 2021 - 01:29 GMT

On a monthly basis, inflation recorded 118 points in October 2021, marking an increase of 1.7 percent compared to September 2021.

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