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

The inflation rate in Egypt was recorded at 11.12 percent in September 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.

   
 
 

Egypt Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
11.12 11.49 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 Saturday, November 1, 2014.


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.

Year-on-year, prices of housing, water, electricity, gas and other fuels rose at a slower 6.53 percent in September from 6.69 in August. Transport cost decelerated as the rate of change decreased to 21.96 percent in September from 28.08 in August. In contrast, prices of food and beverages rose 11.8 percent, marginally up from 11.6 percent in the previous month.

Monthly inflation accelerated to 1.23 percent in September compared to 1.09 percent in August. Food prices (excluding fruits and vegetables) increased 1.58 percent (following a 0.42 percent decrease in August) and tobacco cost rose 5.75 percent.

Core inflation which strips out subsidized goods and volatile items such as fruit and vegetables increased to 0.84 percent in September compared to 0.60 percent in August. The annual rate declined to 10.07 percent.

Central Bank of Egypt | Joana Taborda | joana.taborda@tradingeconomics.com
10/14/2014 4:51:23 PM


Recent Releases

Egypt Inflation Rate up to 8-Month High
Egyptian annual inflation rate accelerated for the second straight month to 11.49 percent in August from 11.04 percent in July. Published on 2014-09-10

Egypt Inflation Rate Accelerates in July
The annual consumer prices in Egypt surged to 10.6 percent in July of 2014, from 8.2 percent recorded in June. Compared with a year earlier, the inflation rate rose from 10.3 percent. Published on 2014-08-11


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-10 09:45 AM Egypt
Inflation Rate YoY
Jun 2014 8.2% 8.2% 7.48%
2014-08-11 09:15 AM Egypt
Inflation Rate YoY
Jul 2014 10.6% 8.2% 8%
2014-09-10 10:30 AM Egypt
Inflation Rate YoY
Aug 2014 11.49% 11.04% 10.92%
2014-10-09 07:00 AM Egypt
Inflation Rate YoY
Sep 2014 11.1% 11.49% 11.21%


Egypt Prices Last Previous Highest Lowest Unit
Inflation Rate 11.12 11.49 35.10 -4.20 Percent [+]
Inflation Rate Mom 1.23 1.09 9.93 -7.00 Percent [+]
Consumer Price Index CPI 154.50 152.60 154.50 1.20 Index Points [+]
Core Inflation Rate 9.15 10.07 22.30 0.00 Percent [+]
Food Inflation 11.77 11.61 22.03 5.46 Percent [+]
Core Consumer Prices 145.80 144.60 145.80 98.90 Index Points [+]