Egypt Inflation Rate 1958-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Egypt was recorded at 9.10 percent in November of 2014. Inflation Rate in Egypt averaged 8.93 percent from 1958 until 2014, reaching an all time high of 35.10 percent in June of 1986 and a record low of -4.20 percent in August of 1962. Inflation Rate in Egypt is reported by the Central Bank of Egypt.

      Forecast    
Egypt Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
9.10 11.80 35.10 -4.20 1958 - 2014 percent Monthly
2010=100
In Egypt, the headline Consumer Price Index (CPI) measures the change in the cost of a fixed basket of goods and services that are purchased by a representative sample of households from urban areas, which include Cairo, Alexandria, urban Lower Egypt, urban Upper Egypt, Canal cities and Frontier governorates. The most important categories in the headline CPI are Food and Beverages (40 percent of total weight); Housing, Water, Electricity, Gas and other Fuels (18.4 percent); Medical Care (6.3 percent) and Transportation (5.7 percent). Clothing and Footwear account for 5.4 percent of total index and Education for 4.6 percent. Hotels, Cafes and Restaurants represent 4.4 percent of total weight and Furnishings, Household Equipment and Routine Maintenance of the Dwelling for 3.8 percent. Miscellaneous Goods and Services account for 3.7 percent, Communications 3.1 percent, Recreation and Culture 2.4 percent and Tobacco and Related Products 2.2 percent. This page provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Egypt Inflation Rate - was last refreshed on Monday, December 22, 2014.


Egypt Inflation Rate Down to 9.1 percent


Egypt’s annual inflation rate declined to 9.1 percent in November of 2014 from an eleven-month high of 11.8 percent in October.

It is the lowest rate in five months. Consumer prices have been on an upward trend since July, when the government cut subsidies, raising fuel prices by around 78 percent and leading the central bank to raise the benchmark interest rate by 100 bps to 9.25 percent.

Year-on-year, prices of food and beverages slowed sharply to 7.07 percent, after an 11.52 percent rise in the previous month. Transport cost rose 22 percent, marginally up from 21.87 percent in October and prices of housing, water, electricity and gas eased to 2.49 percent from 5.6 percent in the preceding period.

On a monthly basis, prices fell for the first time in six months by 1.53 percent, following a 1.71 percent increase in October. Food and beverages recorded the highest drop (-3.52 percent). Prices of fresh vegetables decelerated to 14.63 percent and cost of fresh fruits decreased by 0.44 percent. In contrast, prices of clothing and footwear increased 2.79 percent. Meanwhile, prices of other services and paid services remained nearly unchanged.

The annual core inflation which strips out subsidized goods and volatile items such as fruit and vegetables declined to 7.81 percent in November compared to 8.47 percent in October.


Carolina Cunha | carolina.cunha@tradingeconomics.com
12/16/2014 11:50:01 AM


Recent Releases

Egypt Inflation Rate at 11-Month High
Egyptian annual inflation rate increased to 11.8 percent in October of 2014 from 11.12 percent in September. It is the highest value since November of 2013, mainly due to a rise in fruit and vegetables prices. Published on 2014-11-13

Egypt Inflation Rate Slows in September
Egyptian annual inflation rate slowed for the first time in four months to 11.1 percent in September of 2014 from 11.5 percent in August, mainly due to base effects. Published on 2014-10-14


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-09 07:00 AM
Inflation Rate YoY  Sep
11.1% 11.49% 11.21%
2014-11-10 07:00 AM
Inflation Rate YoY  Oct
11.8% 11.1% 10.81%
2014-12-10 08:00 AM
Inflation Rate YoY  Nov
9.1% 11.8% 11.24%
2015-01-09 08:30 AM
Inflation Rate YoY  Dec
9.1% 10.02%
2015-02-10 06:10 AM
Inflation Rate YoY  Jan
9.62%
2015-03-10 07:00 AM
Inflation Rate YoY  Feb
10.03%


Egypt Prices Last Previous Highest Lowest Unit
Inflation Rate 9.10 11.80 35.10 -4.20 percent [+]
Inflation Rate Mom -1.53 1.71 9.93 -7.00 percent [+]
Consumer Price Index CPI 154.70 157.20 157.20 1.20 Index Points [+]
Core Inflation Rate 7.81 8.47 22.30 0.00 percent [+]
Food Inflation 11.52 11.77 22.03 5.46 percent [+]
Core Consumer Prices 146.60 145.80 146.60 98.90 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 2.30 Aug/14 3.00 23.90 -1.30 percent [+]
Brazil 6.56 Nov/14 6.59 6821.31 1.65 percent [+]
Canada 2.00 Nov/14 2.40 21.60 -17.80 percent [+]
China 1.40 Nov/14 1.60 28.40 -2.20 percent [+]
Euro Area 0.30 Nov/14 0.40 5.00 -0.70 percent [+]
France 0.30 Nov/14 0.50 18.80 -0.70 percent [+]
Germany 0.57 Nov/14 0.80 11.54 -7.62 percent [+]
India 4.38 Nov/14 5.52 11.16 4.38 percent [+]
Indonesia 6.23 Nov/14 4.83 82.40 -1.17 percent [+]
Italy 0.19 Nov/14 0.10 25.64 -2.44 percent [+]
Japan 2.90 Oct/14 3.20 25.00 -2.52 percent [+]
Mexico 4.17 Nov/14 4.30 179.73 2.91 percent [+]
Netherlands 1.00 Nov/14 1.10 11.19 -1.30 percent [+]
Russia 9.10 Nov/14 8.30 2333.30 3.60 percent [+]
South Korea 1.00 Nov/14 1.20 32.50 0.20 percent [+]
Spain -0.40 Nov/14 -0.10 28.43 -1.37 percent [+]
Switzerland -0.10 Nov/14 0.00 11.92 -1.37 percent [+]
Turkey 9.15 Nov/14 8.96 138.71 -4.01 percent [+]
United Kingdom 1.00 Nov/14 1.30 8.50 0.50 percent [+]
United States 1.30 Nov/14 1.70 23.70 -15.80 percent [+]