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Egypt’s annual core inflation hits 3.3% in September 2020: CBE
In a report released on Sunday, the CBE revealed that the monthly core consumer prices recorded a monthly rate of 0.1% in September 2020, against -0.2% in August 2020, and -2.3% in September 2019.
Egypt’s urban inflation rises to 3.8% in September: CAPMAS
Whole country’s CPI recorded 107.5 points for September
Egypt’s annual inflation rate hits lowest level in 14 years: Planning Minister
El-Said referred to the performance indicators of the Egyptian economy during FY 2019/20, and the extent of vulnerability to the novel coronavirus (COVID-19) pandemic. This was especially in light of the proactive decisions taken by the Egyptian government in recent years.
CBE reveals reasons behind July inflation decline
Annual headline urban inflation declines to 4.2% in July, from 5.6% in June 2020
Egypt’s annual urban inflation declines to 4.2% in July: CAPMAS
Whole country’s CPI inched up to 107.8 points in July, registering a slight increase of 0.2% from June
Egypt’s annual urban inflation rises to 5.6% in June: CAPMAS
The agency added, in its monthly inflation report, that the whole country’s CPI inched down to 107.5 points in June, registering a slight decrease of 0.1% from May.
Annual core inflation slows to 1.5% in May: CBE
Last month’s inflation reading below expectations, so interest rates may remain fixed until end of 2020, Pharos expects
Egypt’s annual urban inflation falls to 4.7% in May: CAPMAS
CAPMAS explained that the consumer price index (CPI) totalled 107.7 points in May, registering an increase of 0.1% over April.
Egypt’s headline inflation will decline to 4.9% in May: JP Morgan Securities
Standard Chartered raises its policy rate forecast to 9.25% for both FY20 and FY21
April inflation increased due to unfavourable base effects: CBE
Annual headline inflation increased due to higher annual food contribution which offset lower contribution of non-food items
Egypt’s annual urban inflation rises to 5.9% in April: CAPMAS
CBE to review interest rate Thursday in light of new inflation figures
Naeem expects 4.6% decline in April headline CPI-U inflation
Anticipated decline is based on favourable base-year impact, food price consolidation
As inflation slows, interest rates to be maintained: Beltone
The highest growing category annually remains education, showing a 28.5% y-o-y rise, followed by recreation and culture, as well as transportation, growing at 14.3 % and 13.4% y-o-y in March, respectively
Egypt’s annual core inflation on hold at 1.9% in March: CBE
The CBE added that its consumer price index (CPI) inched up to 0.4% in March, compared to 0.2% in February and 0.5% in March 2019.
Egypt’s urban CPI inflation falls to 5.1% in March: CAPMAS
As for the annual inflation, it fell to 4.6% in March, compared to 4.9% in the preceding month, and 13.8% in March 2019.
5.5% March inflation increase expected due to health, food indices upsurge: Naeem
Current headline inflation rate stands at 5.3%, core inflation at 1.9%
Potential inflationary pressures discourage further interest rate cuts: HC
Annual headline inflation down to 5.3% in February
Egypt’s annual urban headline inflation fall to 5.3%, annual core inflation decrease to 1.7% in February
Accordingly, the annual core inflation rate recorded 1.9% in February 2020, compared to 2.7% in January 2020.
CBE reveals why Egypt’s inflation increased in January
CBE said that monthly core inflation recorded 0.7% in January 2020 from 0.4% in January 2019, annual core inflation increased to 2.7% in January 2020
Egypt’s annual urban headline inflation inches up to 7.2% in January: CAPMAS
The rise was supported by increase in prices of meat, poultry, and vegetables on monthly basis
Geopolitical events cast shadow over expectations of pound’s interest, reserve, inflation
I expect a rate cut from 2% to 3%, exchange rate to EGP 14-15: Abdel Aal
Annual headline inflation rate hikes to 6.8% in December
However, the annual inflation rate during December 2019 decreased compared to December 2018, when it recorded 11.1% at the time
Prime believes CBE won’t face big challenges to achieve its inflation target
The road is now more paved than ever for the CBE to follow inflation targeting, says analyst
Egypt’s annual core inflation falls to 2.1%, while urban headline inflation rises to 3.6% in November
Annual headline Inflation rose to 2.7% from 2.4% in October
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