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Egypt’s annual inflation rate dropped to 13.6% y-o-y in August, down from 33.2%

The Central Agency for Public Mobilisation and Statistics (CAPMAS) stated on Thursday that Egypt’s annual inflation rate dropped to 13.6% year-over-year down from 33.2% in August, 2017. The consumer price index increased by 1.7% month-over-month, recording 294.9 points last month, according to the CAPMAS. Notably, inflation dropped in July compared to June, registering at 13.8%, affected by decisions …

Daily News Egypt

2.5% increase in inflation rate in July: CAPMAS

The inflation rate stood at 289.9 points in July, at a 2.5% rise compared to June, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Thursday. CAPMAS said the annual inflation rate stood at 13% in July compared to 34.2% in the same month in 2017. CAPMAS attributed the rise in inflation …

Daily News Egypt

Inflation rises to 14.4% in June in line with expectations

Egypt’s annual inflation rate rose significantly in June to 14.4%, increasing from 11.4% in May, the Central Bank of Egypt (CBE) announced on Tuesday. The increase was due to a rise in food prices by 10% compared to an increase of 8.6% in May, in addition to the 55% hike in transportation sector on the …

Mohamed Samir

1.5% increase in inflation rate in April: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced in its monthly bulletin that the inflation rate in Egypt increased by 1.5% in April compared to March, reaching 273.9 points. According to the CAPMAS’s monthly bulletin, the annual inflation rate in Egypt amounted to 12.9% last month, compared to 32.9% in April 2017. The …

Daily News Egypt

Egypt’s economic outlook improves backed by PMI improvement, inflation decline, Zohr gas field: FocusEconomics

Egypt’s economy appears to be in good shape approaching the end of this fiscal year (FY), backed by improvements in non-oil private sector business conditions in the purchasing managers index (PMI), upward trend of foreign reserves, decline in inflation rates, and doubling the Zohr gas field’s output capacity, according to FocusEconomics’ Consensus Forecast Middle East …

Mohamed Samir

Egypt’s inflation rates in numbers

Maximum inflation rate will reach 13% by end-2018, inflation will witness large decrease by end-2019, says CBE governor Monthly headline inflation registered negative 0.1% and negative 0.2% in January 2018 and December 2017 respectively, while annual headline and core inflation declined for the sixth consecutive month to record, respectively, 17.1% and 14.4% in January 2018, …

Daily News Egypt