Slight Improvement in Inflation as Annual Rate Declines to 13.9% Egypt’s urban inflation rate fell to 13.9% in July, down ...

Meanwhile, the monthly inflation rate fell by 0.6% in July, with the consumer price index (CPI) standing at 256.5 points ...

Falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.

Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

Egypt's annual urban consumer price inflation dropped to 13.9% in July from 14.9% in June, data from statistics agency CAPMAS ...

Egypt’s annual inflation rate eased to 13.1% in July, marking the second month of decline as food prices fell and key sectors ...

On a monthly basis, there was deflation of 0.1%, versus inflation of 1.9% in May. Egypt slashed rates in April and May by a total of 325 basis points, bringing its key rate down to 24%.

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But after plummeting from 24.0% in January to 12.8% in February, inflation has been steadily creeping back up, reaching 13.6% in March, 13.9% in April and 16.8% in May.

Inflation on a monthly basis inched down in July by 0.5 per cent compared with June, as meat and poultry prices were down by ...

In July, Egypt's annual urban consumer price inflation decreased to 13.9% from 14.9% in June, as reported by statistics ...

Egypt's non-oil private sector showed signs of stabilisation in July, with employment rising for the first time in nine ...