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Egypt Core Inflation Rate YoY
Consumer prices for a basket of goods, excluding some volatile price categories, are tracked by the core inflation rate in Egypt.
A higher than expected figure should be seen as positive (bullish) for the EGP while a lower than expected figure should be seen as negative (bearish) for the EGP.
Source:
CAPMAS, Egypt
Category:
Core Inflation Rate
Units:
Percent
Latest Release
Previous:
11.6%
Consensus:
11.8%
Actual:
10.7%
Next Release
Date:
Oct 10, 13:30
Time left:
26 days
Consensus:
10.7%
Data updated. Please refresh the page.
News (EGP)
Egypt Central Bank Lifts Interest Rates By 600 Bps In Surprise Move
Egypt's central bank decided to raise its interest rate by 600 basis points and to allow the currency exchange rate to be determined by market forces at an emergency meeting on Wednesday, citing high inflation. The Monetary Policy Committee of the Central Bank of Egypt lifted the overnight deposit rate to 27.25 percent and the overnight lending rate to 28.25 percent.
RTTNews | 556 days ago
