Egypt's annual headline inflation rate decreased to 23.4 per cent in December, down from 25 per cent in November, with the expectation that the worst impact of recent price hikes for fuel ...
CAIRO-- The Central Bank of Egypt reported that the country's inflation rate went down by 1.4 percent to 24.1 percent in December, expecting the downward trend to continue in the first quarter of 2025 ...
(Bloomberg) -- Egypt held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit inflation eased to the lowest level in two years. The Monetary ...
CAIRO, Feb 6 (Reuters) - Inflation in Egypt is forecast to have slid to 23.0% in January, helped by a supportive base effect, according to a poll released on Thursday. The median forecast of 17 ...
Egypt’s annual headline inflation rate decelerated to 23.4 percent in December, down from 25 percent recorded in November, according to the readings released by the Central Agency for Public ...
Economists expect the rising inflation to erode spending power, hit economic growth and prompt further hikes to interest rates, which are already up to 15.75 percent. Egypt's central bank has held ...
Egypt’s annual headline inflation rate reached a record level of 36 percent in February, before cooling to 33.1 percent. CAPMAS attributed the decline to the decrease in the prices of bread and ...
CAIRO - Egypt's annual urban consumer price inflation rate fell to 24.1% year-on-year in December, as expected, from 25.5% in November, its lowest in two years, data from statistics agency CAPMAS ...
Egypt’s annual inflation rate declined to 23.4 percent in December 2024 against 25 percent in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported on Thursday. CAPMAS ...
Egypt’s central bank sees inflation probably continuing to slow in early 2025 due to tight monetary policy and a favorable base effect. Such a trajectory would make the country’s first interest-rate ...
The impact of the devaluation on inflation remains uncertain, as the import-dependent economy already relied on blackmarket rates. Egypt's headline inflation reached 33.7 percent in December.