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.

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Egypt Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.60 4.70 35.10 -4.20 1958 - 2020 percent Monthly
2018/2019=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-09 06:50 AM Mar 5.1% 5.3% 5.6%
2020-05-10 06:45 AM Apr 5.9% 5.1%
2020-06-10 06:00 AM May 4.7% 5.9% 6.2%
2020-07-09 06:20 AM Jun 5.6% 4.7% 4.3%
2020-08-10 06:00 AM Jul 5.6% 5.4%
2020-09-10 06:00 AM Aug 6.3%
2020-10-09 07:00 AM Sep 6.5%
2020-11-10 07:00 AM Oct


News Stream
Egypt June Inflation Rate Edges Up to 5.6%
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.
2020-07-09
Egypt Inflation Rate at 6-Month Low of 4.7%
Egypt's annual inflation rate declined to 4.7 percent in May of 2020 from 5.9 percent in the prior month. This was the lowest inflation rate since last November, due to a fall in prices of food and beverages (-0.3 percent), especially fruits and vegetables (-1.0 percent vs 4.5 percent), reflecting a drop in demand during the Muslim holy month of Ramadan, amid restriction measures to curb the spreading of coronavirus. Annual core inflation went down to 1.5 percent in May, the least since the series began in January 2005, from 2.5 percent in April. On a monthly basis, consumer prices were unchanged, after increasing 1.25 percent in the preceding month.
2020-06-10
Egypt Inflation Rate at 3-Month High of 5.9%
Egypt's annual inflation rate increased to 5.9 percent in April of 2020 from 5.1 percent in the prior month. This was the highest inflation rate since January, pushed up by prices of food (1.3 percent vs -1.7 percent in March), especially fruits and vegetables (4.5 percent vs -4.1 percent), as demand surged in April ahead of the Muslim holy month of Ramadan. Annual core inflation went up to 2.5 percent in April from 1.9 percent in March. On a monthly basis, consumer prices rose 1.3 percent, the highest level since last July, after increasing 0.6 percent in the preceding month.
2020-05-10
Egypt March Inflation Rate at 4-Month Low of 5.1%
Egypt's annual inflation rate slowed for the second straight month to 5.1 percent in March of 2020 from 5.3 percent in the prior month. This was the lowest inflation rate since last November, as food prices fell further (-1.7 percent vs -0.9 percent in February), of which vegetables (-4.1 percent vs -1.1 percent). Meantime, costs slowed mostly for transport (15.4 percent vs 16.1 percent). On a monthly basis, consumer prices inched up 0.6 percent, after being flat in the preceding month.
2020-04-09

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.