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Egypt's Annual Inflation Rate Decreased to 38.5% in October

Egypt's annual headline inflation displayed a notable decrease, registering 38.5 percent inflation in October – a drop from September’s 40.3 percent, its highest-ever level. The latest data, released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on 11 November, highlighted various factors contributing to this positive trend. Essential goods, such as grains and ....

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Egypt Plans to Regulate and Reduce Essential Commodities Prices

Egypt’s Cabinet, in partnership with the Central Bank of Egypt (CBE), announced plans to introduce measures to combat the rising cost of essential commodities, according to a Facebook post by the Cabinet on 3 October. The announcement comes days after President Abdel-Fattah El-Sisi directed Minister of Supply and Internal Trade Ali Al-Moselhi to address the ....

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Egypt's Headline Inflation Records All-Time High of 38.2% in July

Egypt’s annual headline inflation rate rose to an all-time high of 38.2 percent in July, according to data published by the Central Agency for Public Mobilization and Statistics (CAPMAS), on Thursday, 10 August. The increase in the annual headline inflation rate is mainly due to a 68.2 percent hike in food and beverage prices, 51.9 ....

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Egypt's Annual Inflation Rate Drops, Breaking 10-Month Streak

Egypt’s annual inflation showed a slight decline in April, providing tentative relief to an economy grappling with rising prices and a weakening currency. According to a monthly report published by the Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 May, Egypt’s annual headline inflation decreased to 31.5 percent in April from 33.9 percent ....

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Households bear brunt of rising cost of living

Households should get used to the new prices. So, tighten your belt and consider the new prices as the new normal.
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