Gold prices rise amid US inflation data anticipation: Gold Bullion
Gold prices increased in global trading on Tuesday, bolstered by uncertainty surrounding the political plans of US President-elect Donald Trump. Markets are awaiting US inflation data, expected to offer more clarity on the Federal Reserve’s future monetary policy. The global
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