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

The inflation rate in Egypt was recorded at 9.70 percent in January 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
9.70 10.13 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 Thursday, March 5, 2015.


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.

Comparing January 2015 with the same month of the previous year, cost of food and non-alcoholic beverages rose at a slower 5.8 percent, following an 8.4 percent increase in December. Fruits and vegetables prices increased 6.73 percent, down from 13.2 percent in the previous month.

Education cost went up 24.68 percent and transport prices jumped 22.03 percent. Additional upward pressure came from hotels and restaurants (15.08 percent), medical care (14.23 percent); housing, water, electricity and gas (9.32 percent) and clothing and footwear (2.53 percent). 

Year-on-year, core inflation eased for the fifth consecutive month to 7.06 percent from 7.69 percent in the previous period.

On a monthly basis, prices advanced 0.99 percent, following a 0.07 fall in December, as a result of a 3.3 increase in cost of housing, water, electricity and gas and a 0.99 percent increase in food prices. 

Consumer prices rose sharply after the government cut energy subsidies in July of 2014, reaching an eleven-month high 11.8 percent in October. Since then, inflation has been on a downward trend due to a slowdown in food cost. As a result, the Central Bank of Egypt cut its benchmark overnight deposit rate by 50bps to 8.75 percent on January 15th.

Carolina Cunha | carolina.cunha@tradingeconomics.com
2/16/2015 12:36:23 PM


Recent Releases

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

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-10 08:00 AM
Inflation Rate YoY  Nov
9.1% 11.8% 11.24%
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 07:00 AM
Inflation Rate YoY  Feb
9.7% 10.11%
2015-04-10 07:00 AM
Inflation Rate YoY  Mar
9.92%
2015-05-08 12:00 PM
Inflation Rate YoY  Apr
10.33%


Egypt Prices Last Previous Highest Lowest Unit
Inflation Rate 9.70 10.13 35.10 -4.20 percent [+]
Inflation Rate Mom 0.99 -0.07 9.93 -7.00 percent [+]
Consumer Price Index CPI 156.20 154.60 157.20 1.20 Index Points [+]
Core Inflation Rate 7.06 7.69 22.30 0.00 percent [+]
Food Inflation 5.80 8.40 22.03 5.46 percent [+]
Core Consumer Prices 147.60 146.80 147.60 98.90 Index Points [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 7.14 Jan/15 6.41 6821.31 1.65 percent [+]
Canada 1.00 Jan/15 1.50 21.60 -17.80 percent [+]
China 0.80 Jan/15 1.50 28.40 -2.20 percent [+]
Euro Area -0.30 Feb/15 -0.60 5.00 -0.70 percent [+]
France -0.40 Jan/15 0.10 18.80 -0.70 percent [+]
Germany 0.10 Feb/15 -0.40 11.54 -7.62 percent [+]
India 5.11 Jan/15 5.00 11.16 4.38 percent [+]
Indonesia 6.29 Feb/15 6.96 82.40 -1.17 percent [+]
Italy -0.19 Feb/15 -0.60 25.64 -0.60 percent [+]
Japan 2.40 Jan/15 2.40 25.00 -2.52 percent [+]
Mexico 3.07 Jan/15 4.08 179.73 2.91 percent [+]
Netherlands 0.00 Jan/15 0.70 11.19 -1.30 percent [+]
Russia 15.00 Jan/15 11.40 2333.30 3.60 percent [+]
South Korea 0.50 Feb/15 0.80 32.50 0.20 percent [+]
Spain -1.10 Feb/15 -1.30 28.43 -1.37 percent [+]
Switzerland -0.50 Jan/15 -0.30 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.30 Jan/15 0.50 8.50 0.30 percent [+]
United States -0.10 Jan/15 0.80 23.70 -15.80 percent [+]