The annual inflation rate in Egypt increased to 5.9% in December of 2021 from 5.6% in November, but below market expectations of 6.1%. Still, the inflation rate remained well within the central bank's target range of 5 percent-9 percent. On a monthly basis, consumer prices edged down 0.1%, the first monthly decline in 11 months, reversing from a 0.1% rise in the previous month. source: CAPMAS, Egypt
Inflation Rate in Egypt averaged 9.31 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 January of 2022.
Inflation Rate in Egypt is expected to be 5.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Inflation Rate is projected to trend around 6.00 percent in 2023, according to our econometric models.