The annual inflation rate in Egypt accelerated to 4.8 percent in May of 2021 from 4.1 percent in the previous month, reaching the highest level since last December, mainly due to an increase in prices of food, amid Ramadhan dan Eid al-Fitri celebration. Annual core inflation inched up to 3.4 percent in May from 3.3 percent in April. On a monthly basis, consumer prices were up 0.7 percent, easing from a 0.9 percent rise in the previous month. source: CAPMAS, Egypt
Inflation Rate in Egypt averaged 9.35 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 June of 2021.
Inflation Rate in Egypt is expected to be 5.30 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 5.30 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 5.00 percent in 2022, according to our econometric models.