inflation rates

Fitch Solutions warns of high inflation rates in Egypt
Economy

Fitch Solutions warns of high inflation rates in Egypt

Inflation remains a major concern for Egyptians and will lead to a sharp rise in borrowing costs, warned Fitch Solutions,…
Egypt to register economic growth of 4.8% in 2023: World Bank
Business

Egypt to register economic growth of 4.8% in 2023: World Bank

The World Bank stated that Egypt will have a positive economic growth rate in 2023 of 4.8 percent, TV host…
Annual consumer price inflation records highest level in 4 years: CAPMAS
Economy

Annual consumer price inflation records highest level in 4 years: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) data showed on Monday that the annual consumer price inflation in…
Custom dollar price raised to LE18.6 in June
Business

Custom dollar price raised to LE18.6 in June

The Ministry of Finance set the price of the customs dollar for June at LE18.64, as the Egyptian Customs Authority…
Egypt’s inflation rate hits 2.7%: CAPMAS
Business

Egypt’s inflation rate hits 2.7%: CAPMAS

Egypt’s annual inflation rate has hit 2.7 percent this month, up from 2.4 percent in October and compared to 15.6…
CBE cuts interest rates by 100 basis points
Business

CBE cuts interest rates by 100 basis points

The Central Bank of Egypt (CBE)’s Monetary Policy Committee decided on Thursday to cut interest rates by 100 basis points,…
Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS
Economy

Egypt’s inflation rate records 11.5 percent in January-August: CAPMAS

Egypt’s inflation rate recorded 11.5 percent in January-August 2019, compared to the same period in 2018,  while prices of food…
Egypt’s deposit and lending interest rates declines by 1.5 percent: Report
Business

Egypt’s deposit and lending interest rates declines by 1.5 percent: Report

The Cabinet’s Media Center highlighted an infographic report on Sunday showing that the Central Bank of Egypt (CBE) has reduced…
Deputy Minister: To combat Egypt’s rising poverty, government must study causes
Egypt

Deputy Minister: To combat Egypt’s rising poverty, government must study causes

Egypt’s Deputy Minister of Planning, Follow up and Administrative Reform for Planning Affairs Ahmed Kamali said that the government must…
High participation rates of ‘women and elderly men’ in presidential elections: CAPMAS
Egypt

High participation rates of ‘women and elderly men’ in presidential elections: CAPMAS

The chief of the Central Agency for Public Mobilization and Statistics (CAPMAS) Khayrat Barakat said on Thursday that the Egyptian…
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