CBE reports decline in annual core inflation to 23.7% in November
The Central Bank of Egypt (CBE) has reported a slight decrease in annual core inflation, which dropped to 23.7% in November 2024, down from 24.4% in October 2024. Monthly core inflation for November 2024 stood at 0.4%, a decrease from
Egypt’s annual urban inflation slows to 25.5% in November 2024
Egypt’s annual urban inflation rate eased to 25.5% in November 2024, down from 26.5% in October, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The monthly inflation rate registered a modest 0.5%, driven by a 1.9% drop
Egypt’s President reviews economic progress with PM, CBE Governor
President Abdel Fattah Al-Sisi met Monday with Prime Minister Mostafa Madbouly and Central Bank of Egypt Governor Hassan Abdalla to review Egypt’s macroeconomic indicators. The meeting followed a recent visit by the International Monetary Fund (IMF) and its reaffirmation of
Egypt’s annual urban inflation edges up slightly to 26.5% in October
The Central Agency for Public Mobilization and Statistics (CAPMAS) has reported a slight increase in Egypt’s annual urban inflation to 26.5% in October 2024, up from 26.4% in September. Across the country, annual inflation climbed to 26.3% in October from
Annual urban inflation rises to 26.4% in September
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the annual urban inflation rose to 26.4% in September 2024, compared to 26.2% in August. In a statement released on Wednesday, CAPMAS reported that the monthly urban inflation remained
COMESA region annual inflation slows to 23.2% in June
Inflation in the Common Market for Eastern and Southern Africa (COMESA) eased slightly in June but remained at a lofty 23.2%, regional data showed Tuesday. The year-on-year, inflation rate, measured by the Harmonized Consumer Price Index (HCPI-COMESA) registered 23.7% in
Inflation dynamics normalizing to pre-March 2022 patterns: CBE – Dailynewsegypt
Inflation is projected to stabilise around current levels in 2024, with significant decline anticipated in H1 2025
Egypt’s annual urban inflation declines to 28.1% in May 2024: CAPMAS – Dailynewsegypt
Egypt’s annual core inflation drops to 27.1% in May: CBE
CBE anticipates substantial inflation decline in H1 2025 – Dailynewsegypt
Expected decline is result of restrictive monetary policy, unification of foreign exchange, and positive effect of base period