inflation

Egypt's annual inflation records 8% during September, hikes 1.6% monthly

Sun, 10 Oct 2021 - 11:23 GMT

Inflation recorded 116.1 points in September 2021, marking an increase of 1.6 percent compared to August 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt's annual inflation records 6.4% during August, declines 0.1% monthly

Thu, 09 Sep 2021 - 02:23 GMT

On a monthly basis, inflation recorded 114.3 points in August 2021, marking a decrease of 0.1 percent compared to July 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt targets 5.4% growth rate in FY 2021/22 - minister

Thu, 12 Aug 2021 - 01:45 GMT

The country seeks to contain the rate of inflation to settle at 6 percent, unemployment at 7.3 percent and poverty at 28.5 percent, she said.

Egypt's annual inflation records 6.1% during July, rises 1% monthly

Tue, 10 Aug 2021 - 02:15 GMT

On a monthly basis, inflation recorded 114.4 points in July 2021, marking an increase of 1 percent compared to July 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt's Cabinet publishes figures on economic performance between 2009, 2021

Sat, 10 Jul 2021 - 02:42 GMT

The Media Center of the Cabinet released Saturday the figures.

Egypt's annual inflation records 5.3% during June, rises 0.3% monthly

Thu, 08 Jul 2021 - 02:19 GMT

On a monthly basis, inflation recorded 113.2 points in June 2021, marking an increase of 0.3 percent compared to May 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Egypt's annual inflation records 4.9% during May, rises 0.6% monthly

Thu, 10 Jun 2021 - 10:57 GMT

On a monthly basis, inflation recorded 112.9 points in May 2021, marking an increase of 0.6 percent compared to April 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.

Goldman Sachs: Egypt among few countries that controlled inflation rates

Thu, 20 May 2021 - 01:00 GMT

Goldman Sachs noted that Egypt, Russia and Ukraine have been able to post a decline in inflation rates during April, pushed by low food prices.

Egypt's annual inflation records 4.8% during March, rises 0.6% monthly

Thu, 08 Apr 2021 - 09:01 GMT

On a monthly basis, inflation recorded 110.9 points in March 2021, compared to 110.3 points in February 2021

Egypt's urban inflation rate to remain in "single digits" during 2020/2021

Wed, 10 Mar 2021 - 03:53 GMT

Hala El-Said added in a statement, Wednesday, that PMI for Egypt rose by about 20 points from its lowest level in April during the peak of coronavirus pandemic

Egypt's annual inflation steadies at 4.8% during February, rises 0.1% monthly

Wed, 10 Mar 2021 - 11:16 GMT

On a monthly basis, inflation recorded 110.3 points in February 2021, marking an increase of 0.1 percent compared to January 2021.

Egypt’s annual inflation records 4.8% in January, declines 0.4% monthly

Wed, 10 Feb 2021 - 12:43 GMT

Inflation recorded 110.2 points in January 2021, marking a decrease of 0.4 percent compared to December 2020.

Egypt's annual inflation rate hits lowest level in 2020

Mon, 25 Jan 2021 - 01:13 GMT

The report included infographics highlighting the economic reform program's success in slashing the annual inflation rate and keeping it within the target range of the Central Bank of Egypt (CBE).

Egypt’s inflation records 5.1% in 2020, declines to 6% in December

Sun, 10 Jan 2021 - 01:10 GMT

In December 2020, inflation hit 6 percent, compared to 6.8 percent in the same month of prior year.

Egypt's central bank cuts interest rates by 50 basis point

Thu, 12 Nov 2020 - 05:57 GMT

The discount rate was also cut by 50 basis points to 8.75 percent.

Egypt’s annual inflation records 4.6% in October, rises 2.3% monthly

Tue, 10 Nov 2020 - 08:43 GMT

On a monthly basis, inflation recorded 109.9 points in October 2020, marking an increase of 2.3 percent compared to September 2020,

Planning min.: Annual inflation rate hits lowest level in 14 years

Thu, 08 Oct 2020 - 10:14 GMT

The unemployment rate plunged by 7.7 percent from January to March 2020, she said, noting that the flow of foreign direct investments rose by 19 percent from July to December 2019.

Egypt repaid $35 billion in debt despite coronavirus crisis: Central Bank governor

Thu, 10 Sep 2020 - 10:30 GMT

Egypt managed to repay $35 billion in debt despite the economic repercussion of the coronavirus crisis, and provided 5 million jobs over the past five years, said governor of the Central Bank of Egypt (CBE).

Egypt has world's highest interest rates as inflation slows down: Bloomberg

Tue, 11 Aug 2020 - 03:16 GMT

The American news agency stated that consumer prices in urban parts of Egypt grew at the slowest annual pace since November as the global pandemic weighed on demand and food costs declined.

Egypt’s annual inflation records 4.6% in July, rises 0.2% monthly

Mon, 10 Aug 2020 - 10:27 GMT

On a monthly basis, inflation recorded 107.8 points in July 2020, marking an increase of 0.2 percent compared to June 2020.

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