CBE devalues EGP amid concerns over inflation and budget deficit increase
The decision is expected to have far-reaching repercussions on the deficit and…
Egypt’s annual urban consumer inflation declined to 9.1% in February
The rate of inflation is linked to the continued devaluation of the…
Real growth rate expected to decline to 3.7%: Prime Investment Research
The firm believes targeted level of budget deficit which amounts to EGP…
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%…
Revisions to forecasted GDP growth rate show continued decline: FocusEconomics
In its January report, FocusEconomics lowered the GDP forecast to 3.6%, after…
Seasonal fall in vegetable prices behind decline in inflation in January
Value-added, reduction of imports, and depreciation of the pound stand behind curbing…
Another round of high inflation anticipated following new custom tariffs
Government custom revenues recorded 8.7% of total value of imports in first…
FocusEconomics reduces GDP growth forecast for Egypt
Inflation to average 9.8% in 2016, FocusEconomics monthly report says
Coordinating Council targets inflation rate lower that 10%
The government presents to the parliament a legislation package headed by VAT;…
Annual inflation rate increased by 0.1% in December
Expert predicts surge in foreign reserves, and decline of inflation rate following…