The annual inflation rate in Egypt fell to 7.5 percent in August 2019, the lowest since January 2013, from 8.7 percent in the prior month. The slowdown in headline inflation followed a fresh round of fuel subsidy cuts in July 2019 as part of the terms of the IMF agreement that pushed domestic fuel prices up by 16% to 30%, and the increase was expected to push up prices for transport, food products and other goods. In August, prices slowed significantly for food & non-alcoholic beverages (6.9 percent vs 9.0 percent in July) and housing & utilities (8.2 percent vs 9.8 percent) while advanced faster for transport (8.9 percent vs 8.7 percent). On a monthly basis, consumer prices went up 0.7 percent, compared to a 1.8 percent rise in the previous month. Inflation Rate in Egypt averaged 9.49 percent from 1958 until 2019, 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.

Inflation Rate in Egypt is expected to be 7.30 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 7.50 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 9.00 percent in 2020, according to our econometric models.

Egypt Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-10 06:30 AM Inflation Rate YoY May 14.1% 13% 14%
2019-07-10 06:20 AM Inflation Rate YoY Jun 9.4% 14.1% 15.6%
2019-08-08 06:00 AM Inflation Rate YoY Jul 8.7% 9.4% 9.1%
2019-09-10 06:00 AM Inflation Rate YoY Aug 7.5% 8.7% 8.8%
2019-10-10 06:00 AM Inflation Rate YoY Sep 7.5% 7.3%
2019-11-11 03:00 PM Inflation Rate YoY Oct 7.1%
2019-12-06 06:00 AM Inflation Rate YoY Nov 6.7%


Egypt Prices Last Previous Highest Lowest Unit
Inflation Rate 7.50 8.70 35.10 -4.20 percent [+]
Inflation Rate Mom 1.80 -0.80 9.93 -7.00 percent [+]
Consumer Price Index CPI 307.90 305.90 307.90 1.20 Index Points [+]
Core Consumer Prices 267.20 266.90 267.20 98.90 Index Points [+]
Core Inflation Rate 4.90 5.90 35.26 3.84 percent [+]
Food Inflation 6.90 9.00 43.61 5.46 percent [+]
Producer Prices 104.60 104.60 211.90 55.70 Index Points [+]
Producer Prices Change -48.30 -46.80 45.00 -48.30 percent [+]
CPI Housing Utilities 192.80 192.60 192.80 98.70 Index Points [+]
CPI Transportation 308.40 307.00 308.40 100.00 Index Points [+]


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. This page provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Inflation Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.50 8.70 35.10 -4.20 1958 - 2019 percent Monthly
2010=100




Country Last Previous
Argentina 53.60 Aug/19
Australia 1.60 Jun/19
Brazil 3.43 Aug/19
Canada 1.90 Aug/19
China 2.80 Aug/19
Euro Area 1.00 Aug/19
France 1.00 Aug/19
Germany 1.40 Aug/19
India 3.21 Aug/19
Indonesia 3.49 Aug/19
Italy 0.40 Aug/19
Japan 0.30 Aug/19
Mexico 3.16 Aug/19
Netherlands 2.80 Aug/19
Russia 4.30 Aug/19
Saudi Arabia -1.30 Jul/19
Singapore 0.40 Jul/19
South Africa 4.30 Aug/19
South Korea 0.00 Aug/19
Spain 0.30 Aug/19
Switzerland 0.30 Aug/19
Turkey 15.01 Aug/19
United Kingdom 1.70 Aug/19
United States 1.70 Aug/19


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