Egypt's annual inflation rate dropped to 4.3 percent in January of 2021 from 5.4 percent in December 2020. It was the lowest inflation rate since September last year, as food and beverages prices continued to decline (-0.5 percent). Annual core inflation eased to a three-month low of 3.6 percent in January from 3.8 percent in December. On a monthly basis, consumer prices fell 0.4 percent in January, still the steepest monthly decline since June 2019, unchanged from the previous month. source: Central Bank of Egypt
Inflation Rate in Egypt averaged 9.37 percent from 1958 until 2021, reaching an all time high of 35.10 percent in June of 1986 and a record low of -4.20 percent in August of 1962. This page provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Inflation Rate in Egypt is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Egypt to stand at 7.00 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 6.80 percent in 2022 and 6.50 percent in 2023, according to our econometric models.