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 ...
(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 ...
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 ...
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.
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