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.

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Egypt Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-10-10 06:30 AM Sep 6.6% 5.7% 5.8% 5.8%
2021-11-10 06:30 AM Oct 6.3% 6.6% 6% 6.3%
2021-12-09 06:00 AM Nov 6.3% 6.4%


Related Last Previous Unit Reference
Inflation Rate 6.30 6.60 percent Oct/21
Inflation Rate Mom 1.10 0.10 percent Sep/21
Consumer Price Index CPI 117.10 115.30 points Oct/21
Core Inflation Rate 5.20 4.80 percent Nov/21
Core Consumer Prices 111.10 108.80 points Oct/21
Food Inflation 11.50 10.60 percent Oct/21
CPI Transportation 125.60 124.70 points Oct/21
CPI Housing Utilities 112.80 112.80 points Oct/21

News Stream
Egypt October Inflation Rate Softens to 6.3%
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%).
2021-11-10
Egypt Inflation Rate at 20-Month High of 6.6%
The annual inflation rate in Egypt increased to 6.6 percent in September of 2021 from 5.7 percent in the previous month. It is the highest inflation rate since January 2020, mainly due to a faster rise in food prices, of which fruits and vegetables. Still, the inflation rate remained well within the central bank's target range of 5 percent-9 percent. Annual core inflation rose to a 25-month high of 4.8 percent in September from 4.5 percent in August. On a monthly basis, consumer prices were up 1.1 percent, the most in 11 months, accelerating from a 0.1 percent rise in the previous month.
2021-10-10
Egypt Inflation Rate at 9-Month High of 5.7%
The annual inflation rate in Egypt increased to 5.7 percent in August of 2021 from 5.4 percent in the previous month. It is the highest inflation rate since last November, due to a faster rise in prices of food (6.6 percent vs 4.9 percent in July), of which oils and vegetables. Still, the inflation rate remained well within the central bank's target range of 5 percent-9 percent. On a monthly basis, consumer prices went up 0.1 percent, the least since January, following a 0.9 percent increase in the previous month.
2021-09-09

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.