Population in Egypt
Egypt - PopulationThe economy strengthened in FY 2018, which ended in June, and the implementation of President Abdel Fattah el-Sisi’s structural reforms has continued in recent months. In April–June, annual economic growth was unchanged from the multi-year high recorded in January–March. Moreover, in the July-to-March period, the current account deficit narrowed year-on-year by nearly 60% thanks to higher tourism revenues, remittance inflows and Suez Canal income. More recently, the government hiked the price of natural gas by up to 75% on 21 July. The hike comes into effect from August and should improve the fiscal balance. To help alleviate the pressure of higher prices on the poorest Egyptians, the FY 2019 budget, which came into effect in July, contains provisions such as the expanded use of cash transfer and food subsidy programs.
Egypt - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||17.55||0.0 %||Aug 07|
|Exchange Rate||17.88||0.0 %||Aug 07|
|Stock Market||1,531||0.53 %||Aug 07|
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July 26, 2018
According to an announcement by the Ministry of Planning on 26 July, GDP increased 5.4% year-on-year in the April–June period (which is Q4 of Egypt’s 2018 fiscal year).
July 11, 2018
In June, urban consumer prices rose 3.46% from the previous month, substantially more than May’s 0.17% increase.
Egypt: The non-oil private sector remains in contractionary territory in June, but businesses remain confident
July 3, 2018
The Emirates NBD Egypt Purchasing Managers’ Index (PMI) increased to 49.4 in June from 49.2 in May.
June 28, 2018
At its monetary policy meeting held on 28 June, the Central Bank of Egypt (CBE) left the overnight deposit rate at 16.75%, the overnight lending rate at 17.75% and the main operation rate at 17.25%.
June 28, 2018
GDP increased 5.4% year-on-year in the January–March period (which is Q3 of Egypt’s 2018 fiscal year) according to the Ministry of Planning, up marginally from the 5.3% expansion in the October–December period and marking a multi-year high.