Egypt’s inflation rate up slightly in Oct. – CBE

By Nada Ali On Nov 11, 2024

Egypt's central bank Egyptians — Egypt's central bank's new headquarters in the New Administrative Capital

Egypt’s urban headline Consumer Price Index (CPI) inflation rate increased slightly to 1.1 per cent in October 2024 compared to 1.0 per cent in the same month of 2023 and 2.1 per cent in September 2024, as per data from CAPMAS cited by the CBE.

Meanwhile, core CPI inflation, calculated by the CBE, decreased to 1.3 per cent in October 2024, down from 1.8 per cent in October 2023. It was up by 0.3 per cent against 1.0 per cent in the previous month, the report added.

Attribution: CBE’s statement

Central Bank of Egypt (CBE)consumer sentiment index (CPI)core consumer price index CPI Egypt Egypt's central bank Egypt's CPI Egypt's inflation rate