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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.
Al-Sisi increases minimum wage, pensions to EGP 2,000, EGP 900 respectively
President directs government to set legislation required to protect women from all types of violence
Annual average inflation rate rises to 12.2% by end-January
Prices of vegetables, cereals, bread pushes monthly average inflation up by 0.8% in January, against decline of 4.1% in December 2018
Fiscal deficit falls to 9.8% of GDP in FY18 from 12.5% in FY16: OBG
IMF’s credit reduced government debt from 103% of GDP in FY 2016/17 to 93% in FY 2017/18
Intertwined factors will set fate of interest rates, exchange rate, FX reserves, inflation in 2019: Analysts, bankers
Inflation will be at 10%-14%, some analysis points to 17.8%
Egypt’s inflation worries start to decline: Renaissance Capital
EGP fair value to estimate at EGP 18 per dollar in February 2020, EGP 20 in July 2021
Inflation to average 12.8% in CY 2019, 10.5% in CY 2020: FocusEconomics
GDP to expand to 5.2% in FY 2019, overnight deposit rate to reach 15.42% by end of CY 2019
Egypt’s economic outlook remains positive, backed by tourism, natural gas: Credit Suisse
Weak FDI, reliance on hot money, inflation still challenging
CBE’s sets inflation target at 9% on average during Q4 of 2020
Core inflation slipped to 7.9% in November from 8.9% in October 2018, listing lowest rate since February 2016
Beltone forecasts inflation of 17.8%, stable EGP
Services sector will continue to outperform in FY 2018/19, rise in tourism revenues to $11.1bn
Indosuez Wealth Management expects Egypt’s inflation to slightly slow down by beginning of 2019
Egypt has targeted an inflation rate of 13% for its fiscal year’s (FY) 2018/19 budget
Capital Economics expects Egypt’s inflation levels to decline over coming months
CBE likely to keep interest rates unchanged at its upcoming meeting, says economic research advisor
Fruits, vegetables, poultry push headline inflation down to 15.6% November end: CAPMAS
Monthly inflation records -07% against 2.6% in October
Inflation includes Brent crude price rising to $76.7: CBE
Government aims to curb overall budget deficit to 8.4% of GDP in FY 2018/19
Egypt’s 2019/20 budget targets 6.5% GDP growth, 10.9% inflation
Plan requires increasing investment to about 25%, reducing unemployment gradually to 8%, through providing 900,000 jobs per year: Moeit
Op-ed review: Economic challenges pressuring Egyptians, calls on government role
Egypt’s writers looked at economy in Sunday op-eds
Egypt’s annual inflation increases to 17.5% in October: CAPMAS
Month’s annual inflation witnessed large decline y-o-y, down from 31.8% in October 2017
CPI increased 2.6% month-overmonth in September: CAPMAS
State’s annual core inflation rate fell to 8.6% in September, from 8.8% in August, says CBE