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.

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Egypt Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.80 4.10 35.10 -4.20 1958 - 2021 percent Monthly
2018/2019=100


Calendar GMT Actual Previous Consensus TEForecast
2021-03-10 06:00 AM Feb 4.5% 4.3% 5.1%
2021-04-08 06:20 AM Mar 4.5% 4.5% 4.3%
2021-05-10 07:10 AM Apr 4.1% 4.5% 5%
2021-06-10 06:30 AM May 4.8% 4.1% 4.3%
2021-07-09 06:20 AM Jun 4.8% 5.3%
2021-08-10 06:15 AM Jul 5.7%
2021-09-10 06:00 AM Aug
2021-10-11 06:00 AM Sep 6%


News Stream
Egypt Inflation Rate Rises to 5-Month High
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.
2021-06-10
Egypt April Inflation Rate Slows to 7-Month Low
The annual inflation rate in Egypt eased to 4.1 percent in April of 2021 from 4.5 percent in the previous month, reaching the lowest level since last September, amid a drop in prices of food & non-alcoholic beverages (-0.3 percent vs 1.1 percent in March). On a monthly basis, consumer prices were up 0.9 percent, the biggest rise since last October and following a 0.6 percent increase in the previous month.
2021-05-10
Egypt March Inflation Rate Steady at 4.5%
The annual inflation rate in Egypt was 4.5 percent in March of 2021, unchanged from the previous month. Main upward pressure came from prices of food (1.1 percent vs -0.5 percent in February), attributed to the hike in costs of some commodities such as fruits and meat ahead of the Ramadan month. On a monthly basis, consumer prices inched up 0.6 percent, the biggest increase in four months.
2021-04-08
Egypt Inflation Rate Accelerates to 4.5% in February
Egypt's annual inflation rate increased to 4.5 percent in February of 2021 from 4.3 percent in the previous month. Main upward pressure came from costs of housing & utilities (4.7 percent vs 4.3 percent in January); health (5.3 percent, the same pace as in January) and recreation & culture (4.5 percent, the same pace as in January). Meanwhile, food prices continued to fall (-0.5 percent, the same pace as in January), on account of vegetables & fruits (-7.6 percent vs -8.5 percent). On a monthly basis, consumer prices were up 0.2 percent in February, after decreasing by 0.4 percent in the previous month.
2021-03-10

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.