inflation

CAPMAS: Annual inflation rate declines to 23.4 percent in December
Economy

CAPMAS: Annual inflation rate declines to 23.4 percent in December

Egypt’s annual inflation rate declined to 23.4 percent in December 2024 against 25 percent in November, the Central Agency for…
Egypt’s core inflation dips below 24 percent
Business

Egypt’s core inflation dips below 24 percent

The Chairman of the National Bank of Egypt, Mohamed al-Etreby, announced that interest rates are expected to decrease by three…
Russia is locking up butter as inflation crisis reaches new heights
World

Russia is locking up butter as inflation crisis reaches new heights

CNN  —  Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by…
Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?
Features/Interviews

Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?

Gold prices plunged significantly, losing more than $220 from its all-time high recorded last month. With gold futures contracts declining…
Why is the US dollar rising in Egypt?
Business

Why is the US dollar rising in Egypt?

Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…
Central Bank of Egypt to meet on October 17 over interest rate
Business

Central Bank of Egypt to meet on October 17 over interest rate

The Central Bank of Egypt’s next decision on the interest rate has been highly awaited since the US Federal Reserve…
Economic indicators improve, Central Bank decides to keep rates steady
Business

Economic indicators improve, Central Bank decides to keep rates steady

The Central Bank of Egypt has forecast a recovery in the country’s Gross Domestic Product (GDP) in the near future.…
PM says inflation rate down for fourth month in a row
Business

PM says inflation rate down for fourth month in a row

Prime Minister Mostafa Madbouly said on Wednesday the inflation rate decreased for the fourth month in a row and and…
Bringing down prices: Government and Central Bank prioritize inflation relief
Egypt

Bringing down prices: Government and Central Bank prioritize inflation relief

Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan…
Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS
Economy

Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS

Egypt’s annual urban consumer price inflation slowed further in April to 32.5 percent on a year-on-year basis, down from 33.3…
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