The annual inflation rate in Egypt increased to 6.6 percent in September of 2021 from 5.7 percent in the previous month. It is the highest inflation rate since January 2020, mainly due to a faster rise in food prices, of which fruits and vegetables. Still, the inflation rate remained well within the central bank's target range of 5 percent-9 percent. Annual core inflation rose to a 25-month high of 4.8 percent in September from 4.5 percent in August. On a monthly basis, consumer prices were up 1.1 percent, the most in 11 months, accelerating from a 0.1 percent rise in the previous month. source: CAPMAS, Egypt
Inflation Rate in Egypt averaged 9.33 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 October of 2021.
Inflation Rate in Egypt is expected to be 5.40 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 6.50 percent in 2022 and 6.00 percent in 2023, according to our econometric models.