inflation
Egypt urban inflation falls to 8.5% in August
Business
September 10, 2011
Egypt urban inflation falls to 8.5% in August
Egypt's urban consumer inflation was 8.5 percent in the 12 months to August, down from 10.4 percent in July, figures…
Egypt keeps interest rates on hold, inflation still a concern
Business
August 25, 2011
Egypt keeps interest rates on hold, inflation still a concern
Egypt's central bank kept its benchmark interest rates on hold at a meeting on Thursday, reflecting continued concern about inflation…
Egypt’s urban inflation down to 10.4% in July
Business
August 10, 2011
Egypt’s urban inflation down to 10.4% in July
The urban consumer inflation was 10.4 percent in the 12 months to July, down from 11.8 percent in June, figures…
Through transition, Central Bank seeks stability, maintains secrecy
Business
July 21, 2011
Through transition, Central Bank seeks stability, maintains secrecy
The events of the past six months have shaken Egypt’s economy, drying up tourism and leaving international investors leery. But…
Egypt’s inflation eases slightly in June on food prices
Business
July 10, 2011
Egypt’s inflation eases slightly in June on food prices
Egyptian inflation in the year to June eased slightly on the back of lower food prices from a year earlier,…
Cabinet approves draft state budget
Business
June 22, 2011
Cabinet approves draft state budget
The cabinet on Wednesday approved the draft state budget for the 2011/2012 fiscal year, prior to sending it to the…
Report: Chicken, fish, and rice prices up in May
Business
June 22, 2011
Report: Chicken, fish, and rice prices up in May
Local fresh meat prices increased in May, according to a report by Egypt's Central Agency for Public Mobility and Statistics…
Urban inflation eases to 11.8%
Business
June 9, 2011
Urban inflation eases to 11.8%
Urban consumer inflation in Egypt unexpectedly eased to 11.87 percent in the 12 months to May as food prices fell…
Experts expect interest rates to remain steady, inflation to rise
Business
June 5, 2011
Experts expect interest rates to remain steady, inflation to rise
Economic experts expect the Central Bank of Egypt (CBE) to keep interest rates at their current levels to encourage investment…
Economists praise increases in commodity subsidies
Business
May 26, 2011
Economists praise increases in commodity subsidies
Economic experts have praised the prime minister’s decision to increase subsidies of strategic commodities from LE90 billion to LE115 billion…