Capital Economics

Capital Economics expects 7.5% depreciation of Egyptian Pound after turning to IMF

Tue, 28 Apr 2020 - 03:36 GMT

The report affirmed that the immediate concern for the IMF is likely to be the exchange rate.

Capital Economics expects Egyptian currency to decline 7.5% by end of 2020

Thu, 09 Apr 2020 - 09:08 GMT

It clarified the decline will take place as the Egyptian authorities would loosen their grip on the pound over the coming weeks.

Capital Economics sees Egypt to continue easing monetary cycle

Wed, 11 Mar 2020 - 04:16 GMT

"We expect the interest rate to be reduced to 10 percent by the end of this year and to 9.50 percent by end-2021," it added.

Capital Economics expects CBE to cut interest rates by 50bps

Wed, 12 Feb 2020 - 02:00 GMT

"We have penciled in a 50bp cut in the overnight deposit rate, to 11.75 percent, at next week’s meeting and expect it to be cut further to 10 percent by year-end.”

Egyptian pound to hit LE17/$ by end of 2020: Capital Economics

Tue, 28 Jan 2020 - 01:21 GMT

It also anticipated that the Central Bank of Egypt (CBE) to resume its easing cycle and lower interest rates by 225bp, to 10 percent by end-2020.

Capital Economics anticipates Egypt to continue monetary easing cycle

Mon, 18 Nov 2019 - 02:20 GMT

The report also thought that the easing cycle has further to run, expecting the overnight deposit rate to be lowered to 10 percent by the end of next year and to 9.50 percent by end-2021.

Capital Economics expects unchanged interest rates despite falling inflation

Wed, 10 Jul 2019 - 04:12 GMT

“A rate cut is more likely at August’s meeting,” the research noted.

Will Egypt reduce its currency?

Tue, 18 Dec 2018 - 04:13 GMT

Capital Economics expected the Central Bank of Egypt (CBE) to keep interest rates unchanged in December’s meeting and inflation to decline.

Inflation rates match expectations, back to downtrend in August

Wed, 11 Jul 2018 - 08:54 GMT

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that annual consumer price inflation slipped to 13.8 percent in June 2018.

Subsidy cuts to push inflation up in beginning of 2018/19: CE

Tue, 10 Apr 2018 - 12:16 GMT

Capital Economics expected that further decline of the inflation would push the Monetary Policy Committee to cut the interest rates for the third time this year.

Egypt’s economy: The way forward after elections

Wed, 21 Mar 2018 - 06:17 GMT

Assuming the election passes smoothly, Egypt should enjoy an upturn in growth over the next 2-3 years, a report by Capital Economic said.

Egypt’s PMI remains above the series’ long-run average: CE

Mon, 05 Mar 2018 - 01:29 GMT

Capital Economics said that Egypt’s PMI for non-oil private sector edged down from 49.9 in January to 49.7 in February, according to a Monday report.

Sharp decline in inflation sets up rate cut for next week: Capital Economics

Thu, 08 Feb 2018 - 11:32 GMT

Capital Economics maintained its long-held view that Egypt’s inflation and interest rates will fall further than most expected, according to Thursday’s report.

Increase in gas production raises Egypt’s GDP 2.8%: Capital Economics

Tue, 06 Feb 2018 - 01:59 GMT

Capital Economics estimated that the increase in gas production in Egypt will translate into a 2.8 percent increase in the real gross domestic product (GDP).

Inflation reduction to support lowering interest rates: Analysts

Sun, 10 Dec 2017 - 03:54 GMT

Egypt’s annual urban consumer price inflation fell to 26.7 percent in November from 30.8 percent in October.

ECB to shut the door on easy money by end-2018: Reuters poll

Thu, 30 Nov 2017 - 08:40 GMT

The European Central Bank should shut the door on its monthly asset purchases next September.

CBE to put interest rates on hold despite inflation ease: Economists

Thu, 16 Nov 2017 - 02:35 GMT

Mubasher Research has foreseen annual inflation declining to 24-25 percent by the end of November.

China September imports blow past expectations

Fri, 13 Oct 2017 - 09:21 GMT

China’s import and export growth accelerated in September, suggesting the world’s second-biggest economy is still expanding at a healthy pace.

Analysts expect Egypt’s inflation to drop further

Tue, 10 Oct 2017 - 12:04 GMT

Capital Economics said that inflation has now shrunk for two consecutive months for the first time since early 2016.

Improved Security helped increase tourist arrivals: Report

Thu, 14 Sep 2017 - 07:00 GMT

The recovery was also attributed to the sharp decline in the exchange rate of the Egyptian pound, making travel packages cheaper.