Tag: inflation

Fed keeps rate, pares back future hikes

The Federal Reserve kept interest rates steady, while indicating that economic headwinds…

Deutsche Welle Deutsche Welle

CBE devalues EGP amid concerns over inflation and budget deficit increase

The decision is expected to have far-reaching repercussions on the deficit and…

Daily News Egypt Daily News Egypt

Egypt’s annual urban consumer inflation declined to 9.1% in February

The rate of inflation is linked to the continued devaluation of the…

Emad El-Din Aysha Emad El-Din Aysha

Real growth rate expected to decline to 3.7%: Prime Investment Research

The firm believes targeted level of budget deficit which amounts to EGP…

Shaimaa Al-Aees Shaimaa Al-Aees

Inflationary wave hits markets after dollar value appreciates to EGP 9.15 in exchange offices

CI Capital has predicted a high average inflation rate, ranging between 11%…

Mohamed Ayyad Mohamed Ayyad

Revisions to forecasted GDP growth rate show continued decline: FocusEconomics

In its January report, FocusEconomics lowered the GDP forecast to 3.6%, after…

Daily News Egypt Daily News Egypt

Seasonal fall in vegetable prices behind decline in inflation in January

Value-added, reduction of imports, and depreciation of the pound stand behind curbing…

Hossam Mounir Hossam Mounir

Another round of high inflation anticipated following new custom tariffs

Government custom revenues recorded 8.7% of total value of imports in first…

Doaa Farid Doaa Farid

FocusEconomics reduces GDP growth forecast for Egypt

Inflation to average 9.8% in 2016, FocusEconomics monthly report says

Daily News Egypt Daily News Egypt

Coordinating Council targets inflation rate lower that 10%

The government presents to the parliament a legislation package headed by VAT;…

Mohamed Ayyad Mohamed Ayyad