Egypt's annual inflation rate increased to 5.7 percent in November of 2020, the most since April, from 4.5 percent in October, mainly due to higher prices of vegetables and other food products. On a monthly basis, consumer prices rose 0.8 percent, after increasing 1.8 percent in the previous month. source: Central Bank of Egypt
Inflation Rate in Egypt averaged 9.38 percent from 1958 until 2020, 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. This page provides - Egypt Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Inflation Rate in Egypt is expected to be 6.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Egypt to stand at 4.30 in 12 months time. In the long-term, the Egypt Inflation Rate is projected to trend around 4.50 percent in 2021 and 4.30 percent in 2022, according to our econometric models.