Egypt's annual inflation rate increased to 5.7 percent in November of 2020, the most since April, from 4.5 percent in October, mainly due to higher prices of vegetables and other food products. On a monthly basis, consumer prices rose 0.8 percent, after increasing 1.8 percent in the previous month. source: Central Bank of Egypt

Inflation Rate in Egypt averaged 9.38 percent from 1958 until 2020, reaching an all time high of 35.10 percent in June of 1986 and a record low of -4.20 percent in August of 1962. This page provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Inflation Rate in Egypt is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Egypt to stand at 4.30 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 4.50 percent in 2021 and 4.30 percent in 2022, according to our econometric models.

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Egypt Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.70 4.50 35.10 -4.20 1958 - 2020 percent Monthly
2018/2019=100


Calendar GMT Actual Previous Consensus TEForecast
2020-09-10 06:00 AM Aug 3.4% 4.2% 5.1%
2020-10-10 06:00 AM Sep 3.7% 3.4% 3.1%
2020-11-10 08:00 AM Oct 4.5% 3.7% 3.5%
2020-12-10 06:00 AM Nov 5.7% 4.5% 4.7%
2021-01-08 06:40 AM Dec 5.7%
2021-02-10 08:00 AM Jan
2021-03-10 06:45 AM Feb
2021-04-09 06:50 AM Mar


News Stream
Egypt Inflation Rate at 7-Month High of 5,7%
Egypt's annual inflation rate increased to 5.7 percent in November of 2020, the most since April, from 4.5 percent in October, mainly due to higher prices of vegetables and other food products. On a monthly basis, consumer prices rose 0.8 percent, after increasing 1.8 percent in the previous month.
2020-12-10
Egypt Inflation Rate Rises to 4-Month High
Egypt's annual inflation rate increased to 4.5 percent in October of 2020 from 3.7 percent in the prior month. It was the highest inflation rate since June, due to a faster rise in prices of vegetables and education. On a monthly basis, consumer prices rose 1.8 percent, the most since July last year, after increasing 0.3 percent in the previous month.
2020-11-10
Egypt Inflation Rate Quickens to 3.7% in September
Egypt's annual inflation rate rose to 3.7 percent in September of 2020 from 3.4 percent in the prior month, prompted by housing & utilities (4.6 percent vs 0.5 percent in August) and recreation & culture (8.1 percent vs 1.7 percent). Also, food and beverage prices declined at a softer pace (-2.6 percent vs -4.1 percent in August). On a monthly basis, consumer prices went up 0.3 percent, after decreasing 0.2 percent in the previous month.
2020-10-10
Egypt Inflation Rate Slows to 10-Month Low of 3.4%
Egypt's annual inflation rate decreased to 3.4 percent in August of 2020, the lowest since last October, from 4.2 percent in the prior month. Food and beverage prices dropped (-4.1 percent), especially fruits and vegetables (-5.6 percent), due to weak demand amid the coronavirus crisis. Annual core inflation inched up to 0.8 percent in August from 0.7 percent in July. On a monthly basis, consumer prices were down 0.2 percent, the first monthly decline since last December, after increasing 0.4 percent in the prior month.
2020-09-10

Egypt Inflation Rate
In Egypt, the headline Consumer Price Index (CPI) measures the change in the cost of a fixed basket of goods and services that are purchased by a representative sample of households from urban areas, which include Cairo, Alexandria, urban Lower Egypt, urban Upper Egypt, Canal cities and Frontier governorates. The most important categories in the headline CPI are Food and Beverages (40 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.4 percent); Medical Care (6.3 percent) and Transportation (5.7 percent). Clothing and Footwear account for 5.4 percent of total index and Education for 4.6 percent. Hotels, Cafes and Restaurants represent 4.4 percent of total weight and Furnishings, Household Equipment and Routine Maintenance of the Dwelling for 3.8 percent. Miscellaneous Goods and Services account for 3.7 percent, Communications 3.1 percent, Recreation and Culture 2.4 percent and Tobacco and Related Products 2.2 percent.