Egypt Inflation Rate 1958-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Egypt was recorded at 10.13 percent in December 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
10.13 9.10 35.10 -4.20 1958 - 2014 percent Monthly
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 Sunday, February 1, 2015.

Egypt Inflation Rate Up to 10.1% in December

Egypt annual inflation rate rose to 10.1 percent in December of 2014, from 9.1 percent recorded in November, due to higher food and transport prices. Yet, core inflation eased for the fourth straight month to 7.69 percent from 7.81 percent in the previous period.

Year-on-year, transport cost registered the highest gain (+21.96) followed by hotels and restaurants (+15.2 percent) and medical care (+14.23 percent). Prices of food and non-alcoholic beverages rose 8.4 percent. Cost of fruits and vegetables increased 13.2 percent year-on-year, more than doubling October's 6.01 percent rise.

Additional upward pressures came from prices of housing, water, electricity and gas (up 4.61 percent) and clothing and footwear (up 2.53 percent).

On a monthly basis, the headline CPI decreased by 0.07 percent in December compared to a decrease of 1.53 percent in November. Prices of food and non-alcoholic beverages fell 0.33 percent mainly driven by a 2.96 percent drop in cost of fruits and vegetables. In contrast, cost of clothing and footwear increased 0.61 percent and hotels and restaurants prices went up 0.33 percent. Consumer prices were unchanged for medical care, housing, and transport. 

Carolina Cunha |
1/14/2015 1:26:35 PM

Recent Releases

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. Published on 2014-12-16

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