inflation

PM says inflation rate down for fourth month in a row
Business

PM says inflation rate down for fourth month in a row

Prime Minister Mostafa Madbouly said on Wednesday the inflation rate decreased for the fourth month in a row and and…
Bringing down prices: Government and Central Bank prioritize inflation relief
Egypt

Bringing down prices: Government and Central Bank prioritize inflation relief

Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan…
Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS
Economy

Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS

Egypt’s annual urban consumer price inflation slowed further in April to 32.5 percent on a year-on-year basis, down from 33.3…
Inflation in Egypt increases to 36% during February: CAPMAS
Egypt

Inflation in Egypt increases to 36% during February: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business

“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt

A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…
CAPMAS: Annual inflation declines to 36.4 percent in November
Economy

CAPMAS: Annual inflation declines to 36.4 percent in November

Egypt’s annual core inflation rate declined to 36.4 percent in November 2023 from 38.5 percent in October, according to the…
Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report
Business

Inflation in Egypt expected to decrease in 2024 due to Egyptian pound movement: report

The exchange rate of the Egyptian pound is likely to decline by about 30 percent during the first quarter of…
Expectations of unprecedented inflation in Egypt
Business

Expectations of unprecedented inflation in Egypt

The head of Egypt’s sovereign wealth fund Ayman Soliman said that Egypt’s inflation, which has accelerated to record levels, has…
Maait: Geopolitics tensions led to rising cost of living
Economy

Maait: Geopolitics tensions led to rising cost of living

Finance Minister Mohamed Maait said the ministry is seeking to receive a realistic and analytical vision from international financial institutions…
CBE: Annual inflation rate declines to 40.7 percent in July
Egypt

CBE: Annual inflation rate declines to 40.7 percent in July

Egypt’s annual core inflation rate slightly declined to 40.7 percent in July 2023 from 41 percent in June, according to…
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