The annual inflation rate in Egypt fell to 6.3% in October of 2021 from 6.6% in September, which was the highest since January of 2020. It compares with market expectations of 6%. Annual core inflation hit an over two-year high of 5.2% in October from 4.8% in September and well above market expectations of 4.6%. On a monthly basis, consumer prices inched up 1.5%, the most in a year, after a 1.1% increase in the previous month, mainly due to a hike in education fees (12.7%) and a rise in food prices (1%). source: CAPMAS, Egypt
Inflation Rate in Egypt averaged 9.32 percent from 1958 until 2021, 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 2021.
Inflation Rate in Egypt is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Inflation Rate is projected to trend around 6.20 percent in 2022 and 6.00 percent in 2023, according to our econometric models.