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Egypt’s GDP growth to reach 5.6% in FY 2019/20, inflation to average 8% in CY 2020: FocusEconomics
Overnight deposit rate to record 10.13% in 2020, and 9.58% in 2021
Inflation to average 8.4% in 2020: Focus Economics
Strong economic growth should stoke price pressures ahead
Egypt’s current account deficit to reach 2.5%of GDP in FY20,inflation to continue downward path : Fitch Solutions
Fitch forecasts Egypt’s GDP growth to average 4.5% y-o-y to 2028, from 3.6% in 2009-2018 period
Inflation deceleration, EGP/USD appreciation, push F&B sector to benefit: Pharos Research
Despite improving macro conditions and consumer spending behaviour, Pharos expects muted growth in Juhayna, Domty and Obour Land companies’ core product offerings caused by existing market maturity in their respective segments.
Pharos expects inflation should end 2019 with an average of 8.9% YoY
Naeem: the inflation reading adds further room to the CBE to continue on its path of monetary easing
Further opportunity to cut interest rate by 50-100 points on 14 November: Beltone
Inflation recorded positive increase in September, lower than our expectations
Lower inflation and interest rates herald green week on EGX
Market lack of response to lower operating costs and lower gas and gasoline prices adds some caution to the upward outlook
Prime Holding forecasts Egypt’s inflation to continue downward trend to 5.3%-5.5%in September
Research firm predicts further 50 bps rate cuts in the next MPC meeting in 14 November
Moody’s sees Egypt’s rate cut, easing inflation as credit positive for banks
Credit rating agency expects Egypt’s GDP to grow 5.6% in 2019, additional rate cuts next year
Demand comeback for F&B sector with moderating inflation
Demand growth back on track on more positive economic outlook, with margins reverting back to historical averages
Egypt suffers high public debts, yet inflation improves faster than expected: Moody’s
Lowering interest rates positively impacts investment in Egypt, says Kypreos
Decline of inflation means price stability, not decrease: experts
Some experts suggest citizens cannot yet feel decline due to other services not included by CAPMAS
EGX expected to continue positive move supported by lower inflation, more potential rate cuts
The EGX30 index rose 1.2% during the last week’s trading to settle at 15,110 points, and while the EGX70 rose 0.6%, closing at 556 points.
Egypt’s core inflation falls to 6-year low of 4.9% in August
EFG Hermes, Pharos forecast 1-2% interest rate cut at next MPC meeting
Egypt’s monetary policy should continue to aim to sustain inflation in line with its medium-term objectives: IMF
CBE’s decision to reduce interest rates reflects favourable inflationary trends, says Lall
July’s Inflation reading heralds interest rates cut at CBE’s next meeting: Beltone
Inflation continued to slow in July despite subsidy reforms influenced by its reading in the comparative period and its low reading in June
Egypt’s headline inflation drops to 4-year low of 8.7%, core inflation retreats to 5.9% in July
The announcement defied analyst expectations, as in July the Egyptian authorities decided to go ahead with slashing fuel subsidies, lifting petrol and diesel prices by about 17-30%.
Egyptians brace for rising prices due to fuel subsidy cuts
Egyptians are bracing for higher prices despite recent declines in food prices as fuel prices increase throughout the country
Egypt’s annual inflation fell to lowest in 3 years, reaching 8.9% in June
EFG Hermes expects annual inflation to reach between 10,11% in July, August respectively
Inflation dynamics in Egypt, structural determinants vs transitory shocks
Specifically, we uncover the role of two significant determinants of long-running inflation dynamics, namely excessive monetary growth and a rise in the intensity of relative price variability
HC Research expects Egypt’s inflation to reach 14.2% in FY 2019, 12.4% in FY 2020
CBE may resume interest rate cuts in Q4 of 2019, with a total of 5% over 2 years, says Saada
Egypt’s annual headline inflation rises to 14.1% in May
Pundits expect CBE to cut interest rates by year-end
Egypt’s headline inflation down to 12.4-12.9% in May: Naeem expects
Recollecting inflation for April, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) and the Central Bank of Egypt, the annual headline (Urban) CPI dropped to 13%, compared to 14.2% in March
Chance exists to reduce interest by 1% in May after inflation ease in April: Beltone
Egypt continues to provide attractive investment opportunity supported by raised credit rating, pound appreciation
Egypt’s annual inflation falls to 12.5% in April
Egypt’s annual consumer price inflation dropped to 12.5% in April 2019, compared to 12.9% in April 2018, according to Central Agency for Public Mobilization and Statistics (CAPMAS) on Thursday. The CAPMAS said that the monthly inflation rate increased by 0.4% in April, recording 308.1 points, compared to 307 points in March. Furthermore, the CAPMAS attributed …
Egypt’s inflation to increase due to change in relative prices: ECES
Experts argue that tackling inflation by increasing interest rate was mistake
Egypt’s core inflation softened to 8.9%, CPI annual inflation records 13.8% in March
The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation softened to 8.9% in March, down from 9.2% in February 2019. While, the monthly core CPI inflation, computed by the CBE, recorded 0.5% in March 2019, compared to 1% in February 2019. Core inflation is the change in the costs of goods and services …
Basic interest rates, future outlook of inflation consistent with our goals: CBE
Egypt’s real GDP growth softened to 5.3% Q3 2018, unemployment rate inched up to 10.0%
Reform achievements are impressive, ensuring sustainability is essential: Beltone
Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per USD in FY 2019/20
There is bullish case for the Egyptian eurobond market, but risks have not gone away
we expect Egypt to continue to tap the eurobond market annually, including in 2019 and again in 2020, along with more infrastructure-linked loans.