Cost of food in Egypt increased 11.20 percent in December of 2018 over the same month in the previous year. Food Inflation in Egypt averaged 16.37 percent from 2010 until 2018, reaching an all time high of 43.61 percent in April of 2017 and a record low of 5.46 percent in November of 2012.
Food Inflation in Egypt is expected to be 12.00 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 13.00 in 12 months time. In the long-term, the Egypt Food Inflation is projected to trend around 7.00 percent in 2020, according to our econometric models.