Egypt Inflation Rate

The inflation rate in Egypt was recorded at 9.82 percent in March of 2014. Inflation Rate in Egypt is reported by the Central Bank of Egypt. Inflation Rate in Egypt averaged 8.92 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. 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. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
9.82 9.76 35.10 -4.20 12.21 | 2014/04 1958 - 2014 Percent Monthly
2010=100

TO

Egypt Inflation Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-09 08:30 AM Egypt
Inflation Rate YoY
Dec 2013 11.7% 13.0% 12.18%
2014-02-10 06:10 AM Egypt
Inflation Rate YoY
Jan 2014 11.4% 11.7% 10.99%
2014-03-10 07:00 AM Egypt
Inflation Rate YoY
Feb 2014 9.8% 11.4% 10.14%
2014-04-10 07:00 AM Egypt
Inflation Rate YoY
Mar 2014 9.8% 9.8% 10.63%
2014-05-10 11:30 AM Egypt
Inflation Rate YoY
Apr 2014 9.8% 12.21%
2014-06-10 11:30 AM Egypt
Inflation Rate YoY
May 2014 8.98%
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Prices Last Previous Highest Lowest Forecast Unit
Consumer Price Index (CPI) 144.80 2014-03-15 143.90 144.80 1.20 145.75 2014-04-30 Index Points [+]
Core Inflation Rate 9.90 2014-03-15 9.70 22.30 0.00 9.38 2014-04-30 Percent [+]
Inflation Rate Mom 0.65 2014-03-15 1.03 9.93 -7.00 1.01 2014-04-30 Percent [+]
Inflation Rate 9.82 2014-03-15 9.76 35.10 -4.20 12.21 2014-04-30 Percent [+]
[+]


Egyptian Inflation Rate Unchanged in March

The annual consumer prices increased 9.82 percent in March of 2014, almost unchanged from 9.76 percent in the previous month. A year earlier, the inflation rate was recorded at 7.59 percent.

Annual upward pressures came mostly from prices of food and beverages (+15.61 percent), housing, water, electricity, gas and other fuels (+1.47 percent). Prices of recreation and culture accelerated to 13.70 percent in March of 2014 from 13.18 percent in the previous month, and for furnishings and household equipment (11.90 percent from 11.30 percent). In contrast, prices decelerated for transportation (6.07 percent from 6.08 percent), hotels, cafes and restaurants (6.99 percent from 7.05 percent).
 
On a monthly basis, prices decelerated to 0.68 percent from 1.03 percent in February. While costs for food and beverages rose sharply to 1.35 percent from 0.33 percent, prices decelerated for housing, water, electricity, gas and other fuels (0.0 percent from 0.55 percent), furnishings and household equipment (0.54 percent from 0.94 percent), medical care (0.0 percent from 11.99 percent), recreation and culture (0.46 percent from 1.16 percent), hotels, cafes and restaurants (0.25 percent from 0.94 percent).
 
Core CPI increased 0.70 percent from February to March of 2014, compared to 1.02 percent in the previous month. The annual rate increased to 9.90 percent from 9.70 percent in February.

Central Bank of Egypt | Isabel Felino | isabel.felino@tradingeconomics.com
4/14/2014 12:44:51 PM

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Egypt Inflation Rate Decelerates in January
In January of 2014, Egyptian annual inflation rate slowed for the second straight month to 11.4 percent from 11.7 percent recorded in December, due to favorable base effect from the previous year. In November of 2013, the inflation rate hit a four-year high of 12.97 percent. Published on 2014-02-10


Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


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