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.