Egypt has begun shutting down some local wheat collection centres ahead of schedule, signalling that the harvest is nearing ...

However, inflation is expected to remain above the Central Bank of Egypt's (CBE) inflation target range of 7±2%. By April, inflation is predicted to slow back to a single-digit pace.

Annual urban headline inflation rose sharply to 16.8% in May 2025, up from 13.9% in April, according to data released by the ...

Inflation in Egypt rose in August for the first time in five months, the government announced on Tuesday, in a potentially worrisome sign for the Egyptian economy.. Egypt’s annual urban consumer price ...

Egypt's Inflation Seen Declining for Fourth Month in June, Reuters Poll Shows. More. Reuters. File photo: An Egyptian fruit seller works at a market in Cairo, Egypt, March 7, 2024 REUTERS/Mohamed ...

The falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.

Although many of the key PMI metrics continued to indicate a deterioration in business conditions in May, the overall pace of ...