Egypt’s FX flexibility, reform strategy boosts shock resilience – CBE chief
Central Bank of Egypt (CBE) Governor Hassan Abdalla said Egypt’s sweeping economic reforms have helped drive down…
Browsing Tag
Egypt’s inflation
Egypt’s annual core inflation hits 12.7% in February – CBE
Egypt’s annual core inflation rate recorded 12.7 per cent in February, up from 11.2 per cent in January, according…
URGENT: Egypt’s monthly inflation slips 0.2% in November – CAPMAS
Egypt’s monthly consumer inflation edged down 0.2 per cent in November, driven mainly by a sharp retreat in…
FinMin: Egypt economy expands, budget surplus at record high
Egypt’s economy expanded by 4.8 per cent in the third quarter of FY2024/2025, up from 4.2 per cent in the first…
Egypt’s annual inflation slows in June ’25 – CAPMAS
Egypt’s annual headline inflation fell to 14.4 per cent in June 2025, down from 16.5 per cent in May, while the…
Egypt’s inflation trend moving downward – PM
Prime Minister Moustafa Madbouly said on Thursday that Egypt’s inflationary trend is now on “a downward…
Egypt likely to maintain interest rates – Bloomberg
Egypt is expected to maintain interest rates at a record high, aiming to curb inflation before initiating its first…
Moody’s forecasts 5% growth for Egypt’s economy by FY25/26
Moody's forecasts Egypt's economy to grow 5 per cent in the 2025/2026 fiscal year and by 4 per cent in the current…
Egypt’s annual inflation down to 26.3% in Oct
Egypt's inflation eased in October 2024, with the monthly inflation rate dropping to 1.5 per cent, down from 2.3…
Egypt halts fuel price hikes for next 6m – PM
Egypt’s Prime Minister Moustafa Madbouly declared that there would be no more hikes in fuel price for the next six…
Egypt’s c. bank expected to hold interest rates
The Central Bank of Egypt (CBE) is widely expected to leave its interest rates unchanged at its upcoming monetary…
Egypt’s inflation drops to 33.1% in March
Egypt’s general Consumer Price Index (CPI) dropped to 221.6 points in March 2024, indicating an annual inflation…
Egypt bans onion exports for 3 months – Cabinet
Egypt announced it will stop exporting onions for the final three months of 2023, said the Egyptian cabinet on…
Egypt’s headline inflation records 36.5% in July – CAPMAS
Egypt’s annual headline inflation increased by 36.5 percent in July from 35.7 the previous month, as food prices…
Egypt’s inflation likely to trigger interest rate hike
Egypt’s inflation has jumped to 36.8 percent, and as a result, Egyptian policymakers are likely to keep adopting…
Egypt’s PMI index at 46.9 in February as inflationary pressures softens
Egypt’s Purchasing Managers’ Index (PMI) for the non-oil private sector posted 46.9 in February, up from 45.5 in…
Egypt inflation to slow down in 2023 – c.bank deputy governor
Egypt's inflation rates will start to slow down in 2023, said Central Bank of Egypt deputy governor Rami Aboul Naga…
Egypt’s inflation rate increases by 1.6 percent in September – CAPMAS
Egypt’s general consumer price inflation (CPI) has reached 133.8 points in September to record an increase of 1.6…
Inflation rises in Egypt again
Inflation is rise again in urban parts of Egypt after a month of calm, according to the state-run statistics agency…
Egypt’s core inflation rises to 5.8% in November – c.bank
Egypt’s year-on-year core inflation surged to 5.8 percent in November from 5.2 percent in October, the central bank…
Egypt’s central bank leaves key interest rates unchanged
Egypt’s central bank has left its key interest rates unchanged during its monetary policy committee (MPC) meeting…
Egypt’s central bank eyes average inflation rate at 7% (±2%) in Q4 of 2022
The Central Bank of Egypt (CBE) also adjusted its inflation target to a range of 7 percent (+/- 2 percent) by the…
Egypt’s central bank seen making fourth straight interest rate cut: HC
Egypt’s central bank is likely to cut its key interest rates by 50 basis points on Thursday, Dec. 26 monetary…
Egypt central bank affirms inflation outlook at 13% in Q4
Egypt’s central bank on Tuesday affirmed its inflation forecast of 13 percent in the fourth quarter of the year…
Egypt’s headline inflation hikes to 16% in Sept- CAPMAS
Egypt’s annual urban consumer price inflation hiked to 16 percent in September from 14.24 percent in August, the…
Egypt’s inflation to rebound to 12-13% in six months: minister
Egypt’s inflation is expected to rebound between 12 and 13 percent in a period of six and nine months, finance…
IMF expects Egypt second instalment end-2017, inflation to fall
Egypt is expected to receive the third installment of around $2 billion of its $12 billion loan programme with the…
Inflation in Egypt likely to ease to less than 15% in Q4 FY 2017/18: report
Egypt’s inflation is likely to ease towards less than 15% in the fourth quarter (Q4) of the financial year 2017/18,…
Soaring inflation in Egypt hits food, drinks companies’ profits
Egypt’s growing interest rates and soaring inflation have hit second-quarter profits at some of the country’s food…
Moody’s forecasts Egypt account deficit to shrink to 3% of GDP in 2020
Moody's Investors Service said on Thursday that the International Monetary Fund (IMF) review of Egypt's economic…
Egypt’s inflation accelerates at slowest pace in five months: CAPMAS
Egyptian consumer prices showed some signs of stability in March, suggesting that the rise in inflation triggered…
IMF sees Egypt inflation to ease when reform impact wears off
The International Monetary Fund (IMF) said it expects Egypt’s inflation, which jumped to almost 30 percent in…
Egypt’s Urban Inflation Rises, Seen Increasing Further
Egypt's urban consumer inflation accelerated to 8.1 percent in the year to April, statistics agency CAPMAS said on…
Soaring Inflation Drives CBE To Raise Lending, Deposit Rates By 50 BPS
The Central Bank of Egypt’s Monetary Policy Committee has raised benchmark overnight deposit and lending rates by…
Inflation Drops On Lower Prices Of Fresh Vegetables, Gas Cylinders
The annual core inflation dropped to 4.25 percent in November from 6.70 percent in October. The Central Bank of…
Egypt’s Inflation Registered Negative Rate Of 0.25% In November
Egypt's core inflation rate set by the Central Bank of Egypt (CBE) registered a negative rate of 0.25% last…
Egypt’s Annual Inflation Rate 4.64% Up In October: CBE
Egypt’s annual inflation rate set by the Central Bank of Egypt (CBE) rose to 4.64% in October, compared to 3.84% in…