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

The inflation rate in Egypt was recorded at 10.60 percent in February of 2015. Inflation Rate in Egypt averaged 8.94 percent from 1958 until 2015, 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
10.60 9.70 35.10 -4.20 1958 - 2015 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 Wednesday, April 1, 2015.


Egypt Inflation Rate Accelerates to Double Digit in February


Egypt's consumer prices increased by an annual 10.6 percent in February, after slowing in January, due to higher prices of transport and food. A year ago, inflation rate was 9.76 percent.

Year-on-year, prices of transport went up by 22 percent, the highest annual increase. Costumers paid more for hotels and restaurants (+15.92 percent) and housing, water, gas and electricity (+ 10.25 percent). Prices of clothing and footwear surged by 7.55 percent. 

Food and beverages prices increased by 8.2 percent when compared with the same month of the previous year. While prices of fruits and vegetables jumped 13.56 percent, cost of food excluding fruits and vegetables advanced by 6.71 percent. 

Annual core inflation edge up to 7.1 percent, following a 7.06 percent increase last month. It is the first rise in six months.

On a monthly basis, inflation rate was 2.1 percent, up from a 0.99 percent rise last month.  The increase was mainly driven by higher prices of food (+2.46 percent), hotels and restaurants (+ 1.67 percent) and housing, water, electricity and gas (+1.4 percent). Cost of transport and clothing and footwear were unchanged in February over January.

On January 15, Egypt’s central bank allowed the Egyptian pound to fall against major currencies, after protecting it for the past three years. The devaluation boosted import costs and led to the fastest rise in input prices in seven months. 


Carolina Cunha | carolina.cunha@tradingeconomics.com
3/13/2015 11:24:50 AM


Recent Releases

Egypt Inflation Rate Slows in January
Egypt annual inflation eased to 9.7 percent in January of 2015 from 10.1 percent in the previous month. A year ago, the inflation rate was recorded at 11.36 percent. Published on 2015-02-16

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. Published on 2015-02-10


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-01-08 10:20 AM
Inflation Rate YoY  Dec
10.13% 9.1% 10.02%
2015-02-10 06:00 AM
Inflation Rate YoY  Jan
9.7% 10.13% 9.44%
2015-03-10 07:50 AM
Inflation Rate YoY  Feb
10.60% 9.7% 9.6%
2015-04-09 07:00 AM
Inflation Rate YoY  Mar
10.60% 9.92%
2015-05-08 12:00 PM
Inflation Rate YoY  Apr
10.33%
2015-06-10 06:30 AM
Inflation Rate YoY  May
10.17%


Egypt Prices Last Previous Highest Lowest Unit
Inflation Rate 10.60 9.70 35.10 -4.20 percent [+]
Inflation Rate Mom 0.99 -0.07 9.93 -7.00 percent [+]
Consumer Price Index CPI 159.10 156.20 159.10 1.20 Index Points [+]
Core Inflation Rate 7.15 7.06 22.30 0.00 percent [+]
Food Inflation 5.80 8.40 22.03 5.46 percent [+]
Core Consumer Prices 149.20 147.60 149.20 98.90 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.70 Feb/15 7.14 6821.31 1.65 percent [+]
Canada 1.00 Feb/15 1.00 21.60 -17.80 percent [+]
China 1.40 Feb/15 0.80 28.40 -2.20 percent [+]
Euro Area -0.10 Mar/15 -0.30 5.00 -0.70 percent [+]
France -0.30 Feb/15 -0.40 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.37 Feb/15 5.19 11.16 4.38 percent [+]
Indonesia 6.38 Mar/15 6.29 82.40 -1.17 percent [+]
Italy -0.09 Mar/15 -0.09 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.00 Feb/15 3.07 179.73 2.91 percent [+]
Netherlands 0.14 Feb/15 0.00 11.19 -1.30 percent [+]
Russia 16.70 Feb/15 15.00 2333.30 3.60 percent [+]
South Korea 0.40 Mar/15 0.50 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.80 Feb/15 -0.50 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.00 Feb/15 0.30 8.50 0.00 percent [+]
United States 0.00 Feb/15 -0.10 23.70 -15.80 percent [+]