Egypt’s surging inflation rate follows a series of currency devaluations starting in March 2022 ... Though month-on-month inflation slowed, it remained among the highest readings on record. The ...

Egypt’s annual headline inflation rate increased to 21.9% in December 2022, compared to a record of 6.5% in December 2021, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced ...

Egypt's surging inflation rate follows a series of currency devaluations ... Reuters Graphics The increase was driven by a rise in food prices linked to Ramadan-related high seasonal demand ...

CAPMAS also reported that the overall Consumer Price Index (CPI) for Egypt reached 231.1 points in August 2024, reflecting a monthly inflation rate of 1.9%. The agency attributed this increase to a ...

(MENAFN- Daily News Egypt ... urban inflation recorded 2.1% in June 2023 which remains higher than its usual monthly pattern. Non-Food inflation increased due to a market increase in tobacco ...

CAPMAS explained that the monthly inflation rate for Egypt reached 11 percent for February ... The healthcare division also recorded an increase of 11.3 percent, due to an increase in the prices of ...

Egypt's headline inflation rate increased to 32.7% in March Open in App ...

The acceleration in inflation increases the likelihood of Egypt's central bank keeping interest rates at an all-time high of 27.25 per cent for a fourth consecutive meeting when it next meets on ...

Energy price rises led Egypt’s September inflation rate to reach 26 percent ... price index reached 236.5 points, a 2.3 percent increase from August. Electricity, gas, and other fuels saw ...

CAIRO — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout ... The annual inflation rate was more than 31% in January ...

CAIRO, March 9 (Reuters) - Egypt's official annual headline inflation rate leapt in February to a ... The inflation increase was led by food prices, which rose 14.4% month-on-month and 61.8% ...

ending a three-month streak of increases. The slowdown, despite inflation remaining high, might allow the Central Bank of Egypt to consider reducing interest rates in the coming months to support ...