Egypt attempts to contain repercussions of pound’s devaluation on food commodities
Armed forces will secure commodities for citizens at prices 50% less than…
Egypt’s economic growth expected to decrease to 3.3% in 2016: IMF
The report predicted a global economic growth of 3.3% during 2016. However,…
Inflation increases by 1.4% in March: CAPMAS
The annual inflation rate in March 2016 decreased to 9.2% compared to…
Fed keeps rate, pares back future hikes
The Federal Reserve kept interest rates steady, while indicating that economic headwinds…
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…
