Egypt's annual inflation rate increased to a ten-month high of 17.70 percent in October of 2018 from 16 percent in the previous month. Prices rose mostly for food & non-alcoholic beverages (20.2 percent vs 16.5 percent in September), namely fruits and vegetables (52.7 percent vs 41.1 percent). In particular, a spike in cost of potatoes in recent weeks, prompted the state to intervene to ensure supply, as potatoes traders were allegedly stashing the output to hike retail prices. Meantime, cost slowed a bit for regulated items (23.9 percent vs 24.9 percent). On a monthly basis, consumer prices rose rose 2.6 percent compared to a 2.5 percent increase in September. Inflation Rate in Egypt averaged 9.45 percent from 1958 until 2018, 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.

Inflation Rate in Egypt is expected to be 14.00 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 12.30 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 9.50 percent in 2020, according to our econometric models.

Egypt Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-10 07:00 AM Inflation Rate YoY 14.2% 13.5% 13%
2018-10-10 06:00 AM Inflation Rate YoY 16% 14.2% 14.5%
2018-11-10 03:00 PM Inflation Rate YoY 17.7% 16% 15%
2018-12-10 06:00 AM Inflation Rate YoY 17.7% 14.5%


Egypt Prices Last Previous Highest Lowest Unit
Inflation Rate 17.70 16.00 35.10 -4.20 percent [+]
Inflation Rate Mom 2.60 2.50 9.93 -7.00 percent [+]
Consumer Price Index CPI 296.30 293.80 296.30 1.20 Index Points [+]
Core Consumer Prices 256.10 253.60 256.10 98.90 Index Points [+]
Core Inflation Rate 8.86 8.55 35.26 3.84 percent [+]
Food Inflation 20.20 16.47 43.61 5.46 percent [+]
Producer Prices 207.60 202.70 207.60 55.70 Index Points [+]
Producer Prices Change 24.30 25.60 45.00 -13.30 percent [+]
CPI Housing Utilities 178.60 178.60 178.60 98.70 Index Points [+]
CPI Transportation 284.20 284.50 284.50 100.00 Index Points [+]


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. This page provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
17.70 16.00 35.10 -4.20 1958 - 2018 percent Monthly
2010=100




Country Last
Argentina 45.50 Oct/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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