Egypt's annual inflation rate rose to 5.6 percent in June of 2020 from 4.7 percent in the previous month. Prices rebounded slightly for food & non-alcoholic beverages (0.1 percent vs -0.7 percent in May), pushed up by fruits & vegetables (8.4 percent vs -1 percent). Also, costs advanced at a solid pace primarily for transport (14.9 percent vs 14.6 percent); health (9.1 percent vs 8.3 percent) and housing & utilities (5.7 percent vs 5 percent). On a monthly basis, consumer prices were up 0.1 percent, after being flat in the previous month.
Inflation Rate in Egypt averaged 9.42 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 August of 2020. source: Central Bank of Egypt
Inflation Rate in Egypt is expected to be 6.50 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 6.50 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 7.20 percent in 2021 and 7.50 percent in 2022, according to our econometric models.