Latest reading: Inflation ticked up to 2.4% in July, following June’s 2.3%. Looking at the details of the release, prices...
Inflation in Egypt
Consumer price inflation in Egypt averaged 15.8% in the ten years to 2024, in line with the Middle East & North Africa regional average of 5.9%. The 2024 average figure was 28.3%. For more information on inflation, visit our dedicated page.
Egypt Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Egypt from 2025 to 2024.
Source: Macrobond.
Egypt Inflation Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 5.1 | 5.2 | 13.9 | 33.9 | 28.3 |
| Inflation (CPI, ann. var. %, eop) | 5.4 | 5.9 | 21.3 | 33.6 | 24.1 |
Inflation slows in September
Latest reading: Consumer prices rose 11.7% in annual terms in September, following a 12.0% increase in the previous month. Relative to the previous month's data, there were reduced price pressures for food and non-alcoholic beverages—the largest component in the consumer price index basket (+1.4% in annual terms vs +2.1% in August) and transportation (+26.0% vs +26.7% in August). Meanwhile, core consumer prices increased 11.3% on a year-on-year basis in September, following a 10.7% rise in the previous month. Lastly, consumer prices increased 1.81% in September in month-on-month terms, following a 0.36% increase in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Egyptian inflation projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Egyptian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Egyptian inflation projections.
Want to get access to the full dataset of Egyptian inflation forecasts? Send an email to info@focus-economics.com.
Latest Global Inflation News
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Lithuania: Harmonized inflation increases in July Latest reading: Harmonized inflation ticked up to 3.4% in July from June’s 3.2%. Looking at the details of the release,... -
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