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The core inflation measure excludes volatile items such as food and energy, providing a clearer view of underlying price ...
Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...
The Central Bank of Egypt (CBE) has released its Monetary Policy Report for the second quarter of 2025, highlighting a cooling inflation environment, steady economic growth, and signs of strengthening ...
The falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage prices softened, a Reuters poll found.
REUTERS/Mohamed Abd El Ghany/File Photo CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said on Wednesday.
Egypt's annual inflation has plunged from a record high of 38% in September 2023, helped by an $8 billion financial support package agreed with the International Monetary Fund in March 2024.
Egypt slashed rates in April and May by a total of 325 basis points, bringing its key rate down to 24%. While that’s still far above inflation — and Egypt has one of the world’s highest real ...
Egypt's inflation inched up in April, the second consecutive month it has posted an increase, driven by a rise in food and beverages and a cut in fuel subsidies required under an International ...
— also gave scope for Egypt’s first cut since the height of the coronavirus pandemic in 2020. “Inflation is expected to continue declining throughout 2025 and 2026, albeit at a slower pace ...
REUTERS/Mohamed Abd El Ghany Egypt's urban consumer inflation slowed to 11 percent in April from 11.5 percent in March, the official statistics agency CAPMAS said on Sunday.
DUBAI (Reuters) -Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS showed on Wednesday. The drop in inflation is steeper ...