WebApr 1, 2024 · Egypt: Inflation rises to over five-year high in January Inflation rose to 25.9% in January from December’s 21.3%. January’s result was the highest inflation rate since November 2024. The... Egypt: Non-oil private sector conditions deteriorate at a … WebApr 5, 2024 · Egypt's headline inflation in February hit a more than five year high — skyrocketing 31.9% year-on-year driven by soaring food prices, which have been …
Egypt Exchange Rate (EGP per USD, eop) - FocusEconomics
WebEgypt’s headline annual inflation sped up to 14.6 percent in July – more than double the corresponding month in 2024 – compared to 13.2 percent recorded in June, while urban annual inflation rose to 13.6 percent, according to the latest figures published by the Central Agency for Public Mobilisation and Statistic (CAPMAS) in August. WebApr 4, 2024 · Egypt Inflation Inflation soared further above the upper bound of the Central Bank’s 5.0–9.0% target band to a near six-year high of 32.0% in February (January: 25.9%), while core inflation skyrocketed to 40.3% in the same month. These readings were partly driven by the Egyptian pound’s sharp depreciation over the last year. having a facebook crush
Egypt inflation soars to 5-1/2-year high, core inflation at record
WebJan 11, 2024 · Inflation hits new high on weaker EGP Inflation rose to a fresh five-year high in December as the impact of successive currency devaluations continued to feed through to the economy. Figures released yesterday by state statistics agency Capmas showed annual urban inflation jumped to 21.3% in December, up from 18.7% the month … WebMar 9, 2024 · CAIRO, March 9 (Reuters) - Egypt's official annual headline inflation rate leapt in February to a higher-than-expected 31.9%, its highest in five and a half years, while core inflation... WebThe Central Bank of Egypt raised its key overnight deposit rate by 200bps to 18.25% in its March 2024 meeting, in line with market estimates, and adding to the 10 percentage points in interest rate hikes since the start of the bank’s tightening cycle in March 2024. The Monetary Policy Committee stressed that higher borrowing costs are necessary to tame … having a echocardiogram