The annual inflation rate in Egypt was 4.5 percent in March of 2021, unchanged from the previous month. Main upward pressure came from prices of food (1.1 percent vs -0.5 percent in February), attributed to the hike in costs of some commodities such as fruits and meat ahead of the Ramadan month. On a monthly basis, consumer prices inched up 0.6 percent, the biggest increase in four months. source: CAPMAS, Egypt

Inflation Rate in Egypt averaged 9.36 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 May of 2021.

Inflation Rate in Egypt is expected to be 6.00 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 6.30 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 6.50 percent in 2022 and 6.70 percent in 2023, according to our econometric models.

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Egypt Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.50 4.50 35.10 -4.20 1958 - 2021 percent Monthly
2018/2019=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-10 06:30 AM Dec 5.4% 5.7% 6%
2021-02-10 06:00 AM Jan 4.3% 5.4% 5.5%
2021-03-10 06:00 AM Feb 4.5% 4.3% 5.1%
2021-04-08 06:20 AM Mar 4.5% 4.5% 4.3%
2021-05-10 06:45 AM Apr 4.5% 5%
2021-06-10 06:00 AM May
2021-07-09 06:20 AM Jun 6%
2021-08-10 06:15 AM Jul


News Stream
Egypt March Inflation Rate Steady at 4.5%
The annual inflation rate in Egypt was 4.5 percent in March of 2021, unchanged from the previous month. Main upward pressure came from prices of food (1.1 percent vs -0.5 percent in February), attributed to the hike in costs of some commodities such as fruits and meat ahead of the Ramadan month. On a monthly basis, consumer prices inched up 0.6 percent, the biggest increase in four months.
2021-04-08
Egypt Inflation Rate Accelerates to 4.5% in February
Egypt's annual inflation rate increased to 4.5 percent in February of 2021 from 4.3 percent in the previous month. Main upward pressure came from costs of housing & utilities (4.7 percent vs 4.3 percent in January); health (5.3 percent, the same pace as in January) and recreation & culture (4.5 percent, the same pace as in January). Meanwhile, food prices continued to fall (-0.5 percent, the same pace as in January), on account of vegetables & fruits (-7.6 percent vs -8.5 percent). On a monthly basis, consumer prices were up 0.2 percent in February, after decreasing by 0.4 percent in the previous month.
2021-03-10
Egypt Inflation Rate at 4-Month Low of 4.3%
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). 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.
2021-02-10
Egypt Inflation Rate Eases to 5.4% in December
Egypt's annual inflation rate declined to 5.4 percent in December of 2020 from 5.7 percent in November, mainly due to lower prices of vegetables and other food products. Annual core inflation slowed to 3.8 percent in December from 4 percent in November. Considering 2020 full year, inflation rate averaged 5.1 percent, down from 8.5 percent in 2019. On a monthly basis, consumer prices were down 0.4 percent in December, the steepest monthly decline since June last year, after increasing 0.8 percent in the previous month, due to a fall in prices of food and beverages.
2021-01-10

Egypt Inflation Rate
In Egypt, the headline Consumer Price Index (CPI) measures the change in the cost of a fixed basket of goods and services that are purchased by a representative sample of households from urban areas, which include Cairo, Alexandria, urban Lower Egypt, urban Upper Egypt, Canal cities and Frontier governorates. The most important categories in the headline CPI are Food and Beverages (40 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.4 percent); Medical Care (6.3 percent) and Transportation (5.7 percent). Clothing and Footwear account for 5.4 percent of total index and Education for 4.6 percent. Hotels, Cafes and Restaurants represent 4.4 percent of total weight and Furnishings, Household Equipment and Routine Maintenance of the Dwelling for 3.8 percent. Miscellaneous Goods and Services account for 3.7 percent, Communications 3.1 percent, Recreation and Culture 2.4 percent and Tobacco and Related Products 2.2 percent.