inflation
Central Bank of Egypt to meet on October 17 over interest rate
Business
October 2, 2024
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
September 6, 2024
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
July 18, 2024
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
July 5, 2024
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
May 9, 2024
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…
Inflation in Egypt increases to 36% during February: CAPMAS
Egypt
March 11, 2024
Inflation in Egypt increases to 36% during February: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business
December 21, 2023
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
CAPMAS: Annual inflation declines to 36.4 percent in November
Economy
December 11, 2023
CAPMAS: Annual inflation declines to 36.4 percent in November
Egypt’s annual core inflation rate declined to 36.4 percent in November 2023 from 38.5 percent in October, according to the…
Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
Business
December 8, 2023
Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
The exchange rate of the Egyptian pound is likely to decline by about 30 percent during the first quarter of…
Expectations of unprecedented inflation in Egypt
Business
November 10, 2023
Expectations of unprecedented inflation in Egypt
The head of Egypt’s sovereign wealth fund Ayman Soliman said that Egypt’s inflation, which has accelerated to record levels, has…