News

The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...
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 central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025, down from 24.0% in January, marking its lowest level in nearly three years. This sharp decline was largely driven ...
(MENAFN- The Rio Times) Egypt's Economy continues to grapple with persistent inflation, as recent data reveals a concerning trend. The country's headline inflation rate climbed to 26.4% in ...
Egypt's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body ...
Egypt is grappling with an unexpected rise in its inflation rate, an indicator of the potential devaluation of the Egyptian pound. This economic fluctuation presents a challenge to local market ...
Egypt’s annual headline urban inflation increased to 36.5% in July 2023 up from 35.7% in June 2023. Given the relative stability in annual non-food inflation, the acceleration in annual headline ...
Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau has said. The state-run Central ...
Egypt's inflation has fallen to some of its lowest levels in well over a decade, potentially triggering consultations with the International Monetary Fund under the conditions of a new $5.2 ...