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Core consumer prices in Egypt increased 10 percent in February of 2025 over the same month in the previous year. This dataset provides - Egypt Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
In 2018, the average inflation rate in Egypt amounted to about 20.85 percent, a slight decrease compared to the previous year, when it peaked at 23.53 percent.
Political unrest
Egypt has been shaken by political unrest and turmoil for years now, and these events affect the economy as well. On January 25, 2011, Egyptians started protesting police brutality under then-president Hosni Mubarak, demanding an end to his reign. The protests were met with violence by armed forces, resulting in more unrest and looting. In the end, hundreds of Egyptians had lost their lives and over 6,000 were injured. After Mubarak’s subsequent resignation and the Muslim Brotherhood taking power in the country, Mohamed Morsi was elected President in 2012. He also was overthrown a year later after protests and was imprisoned. The current President, Abdel Fattah es-Sisi, was involved in overthrowing Morsi and took office in June 2014. Sisi introduced a number of economic reforms, but they did not succeed in stabilizing Egypt’s economy.
Economic unrest
2017 saw the Egyptian inflation rate skyrocket from 10.2 percent in 2016 to more than double that at 23.5 percent. Ever since, inflation has recovered only slowly, although projections today see it levelling off below ten percent in the future. Around the same year, Egypt’s GDP dropped to below 240 billion U.S. dollars, a historical low. Unemployment, another key indicator, has steadily been between 12 to 13 percent - one reason for this is Egypt’s reliance on agriculture, which does not factor into the unemployment rate. National debt has also increased dramatically over the last few years. All in all, the times of economic unrest are not yet over.
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Cost of food in Egypt increased 20.80 percent in January of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Egypt Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
As of June 2023, the year-over-year headline inflation rate in Egypt was measured at 35.71 percent, higher than in the previous month, which recorded 32.75 percent. Moreover, the core inflation was 41 percent in June, an increase compared to 40.3 percent from May 2023. During the period under review, the highest headline and core inflation rates y-o-y were registered in June 2023.
As of April 2023, the food and non-alcoholic beverages inflation rate in Egypt stood at 53.8 percent compared to the same month from the previous year. Since April 2021, prices of food in the country have been following an increasing trend. Recently, the inflation rate of food soared as a result of the Russia-Ukraine war and its effect on wheat prices.
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Inflation, monthly percent change in the CPI in Egypt, February, 2025 The most recent value is 1.36 percent as of February 2025, a decline compared to the previous value of 1.59 percent. Historically, the average for Egypt from March 2016 to February 2025 is 1.34 percent. The minimum of -4.08 percent was recorded in December 2018, while the maximum of 11.03 percent was reached in February 2024. | TheGlobalEconomy.com
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Consumer Price Index CPI in Egypt increased to 239.20 points in January from 235.60 points in December of 2024. This dataset provides - Egypt Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Egypt was 12.49 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 23.23 percent. Compared to a year ago, we see a decrease from the inflation...
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Key information about Egypt Core CPI Change
In January 2024, the monthly Consumer Price Index (CPI) for all items in Egypt was at 197.6 points. In comparison to the previous month, the indicator increased by 3.4 points. However, in comparison to January of the preceding year, the CPI increased by 47 points.
Before the coronavirus (COVID-19) pandemic, the inflation rate in 2020 and 2021 was projected to be 7.2 and 6.1 percent respectively in Egypt. However, with the baseline assumption that coronavirus subsided in July 2020, it was estimated that the inflation would be slightly higher for 2020 at 7.4 percent and with 8.6 percent in 2021. When considering the pandemic to persist to December 2020, it is projected that the inflation rate for 2020 would be eight percent, while 2021 would be 8.5 percent.
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Key information about Egypt CPI: Food and Non Alcoholic Beverage Change
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The transportation sub-index of the CPI basket in Egypt increased to 238.20 points in January of 2025 from 236.50 points in December of 2024. This dataset provides - Egypt Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.
In January 2024, the monthly Consumer Price Index (CPI) for all items in rural Egypt increased 3.7 points to 202.2 points, in comparison to the preceding month. However, when compared to January 2023, the CPI in rural Egyptian areas increased nearly 50 points, as in that month the index was measured at 152.6 points.
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This scatter chart displays inflation (annual %) against access to electricity (% of population) and is filtered where the country is Egypt. The data is about countries per year.
As of April 2023, the food and non-alcoholic beverages inflation rate in Egypt stood at 2.3 percent compared to the previous month. In February 2023, the inflation rate for food in the country reached 14.8 percent, the monthly highest growth in consumer prices registered since 2019. Recently, the inflation rate of food in the country soared as a result of the Russia-Ukraine war and its effect on wheat prices.
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CPI Housing Utilities in Egypt increased to 152.70 points in January from 151.60 points in December of 2024. This dataset provides - Egypt Cpi Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.
As of February 2024, the monthly percentage change in the core Consumer Price Index (CPI) was at 13.24 percent from the previous month. In February 2023, the indicator increased by 8.12 percent, in comparison to the month before. It is worth noting that core CPI is a variation from headline CPI, with the exclusion of inflation shocks that are temporary. Therefore, regulated items along with fruits and vegetables are removed from core CPI.
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Mısır'da Tüketici Fiyat Endeksi, önceki aya göre Ocak 2025'te %1,50 arttı. Akım değerleri, tarihsel veriler, tahminler, istatistikler, grafikler ve ekonomik takvim - Mısır - Enflasyon Oranı (Aylık).
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Egypt EG: Real Interest Rate data was reported at -3.870 % pa in 2017. This records a decrease from the previous number of 6.922 % pa for 2016. Egypt EG: Real Interest Rate data is updated yearly, averaging 2.945 % pa from Dec 1976 (Median) to 2017, with 41 observations. The data reached an all-time high of 13.650 % pa in 1981 and a record low of -11.289 % pa in 1987. Egypt EG: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Egypt – Table EG.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;
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Core consumer prices in Egypt increased 10 percent in February of 2025 over the same month in the previous year. This dataset provides - Egypt Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.