Inflation in Egypt

Egypt Inflation (eop) | Economic News & Forecasts

Egypt - Inflation (end of period)

Inflation rises to a three-month high in February

In January consumer prices rose 1.7% compared to the previous month, up from the 0.6% rise in January and representing the highest month-on-month increase since October. A large increase in fruit and vegetable prices stoked the overall price increase in February.

Inflation accelerated to 14.4% in February from 12.7% in January, marking the highest reading since November and remaining outside of the Central Bank of Egypt’s Q4 2020 target range of 9.0% plus or minus three percentage points. Core inflation accelerated to 9.2% in February from 8.6% in January. Meanwhile, annual average inflation slowed to 14.0% from 14.1%.

Egypt Inflation Forecast

Met the why particular Consensus Forecast panelists expect inflation to average 12.1% in calendar year 2019, which is down 0.4 percentage points from last month’s forecast, and 11.8% in calendar year 2020.

Egypt - Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %, eop)11.7  11.1  11.1  23.3  21.9  

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Egypt Inflation (eop) Chart

Egypt Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Central Agency for Public Mobilization and Statistics.

Egypt Facts

Bond Yield16.450.0 %Apr 22
Exchange Rate17.170.0 %Apr 22
Stock Market1,4280.53 %Apr 22

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