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Egypt Unemployment Rate
The unemployment rate in Egypt is calculated as the number of individuals seeking employment as a percentage of the labor force.
A higher than expected figure should be seen as negative (bearish) for the EGP while a lower than expected figure should be seen as positive (bullish) for the EGP.
Source:
CAPMAS, Egypt
Category:
Unemployment Rate
Units:
Percent
Latest Release
Previous:
6.3%
Consensus:
6.2%
Actual:
6.1%
Next Release
No data
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 | 543 days ago
