Cost of food in Egypt decreased 4.10 percent in August of 2020 over the same month in the previous year.
Food Inflation in Egypt averaged 14.32 percent from 2010 until 2020, reaching an all time high of 43.61 percent in April of 2017 and a record low of -4.80 percent in October of 2019. This page provides the latest reported value for - Egypt Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Egypt Food Inflation - values, historical data and charts - was last updated on September of 2020. source: Central Bank of Egypt
Food Inflation in Egypt is expected to be -4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Egypt to stand at 0.40 in 12 months time. In the long-term, the Egypt Food Inflation is projected to trend around 1.60 percent in 2021 and 2.00 percent in 2022, according to our econometric models.