Latest in Tag: inflation Highlight
Latest in Tag: inflation
Statista predicts Egypt’s inflation rate to reach 7% in 2022
Statista, an online statistics, market research, and business intelligence portal, issued a report on the expected inflation rates in the Egyptian market over the coming four years. The report predicted that the inflation rate will decline to 21.3% in 2018 compared to 23.5% in 2017, a decrease of 2.2%. According to the report, the average …
Economic experts view Egypt’s economy in 2018 with cautious optimism
For most of the last decade, Egypt has been squeezed between turbulence and uncertainty, and a deteriorating economy. Various challenges had to be addressed, from political unrest and declining tourism to foreign currency and fuel shortages. To correct these structural issues within the economy, the Egyptian authorities adopted an economic reform programme in 2016. Consequently, …
Dealers expect dollar value to range from EGP 17-19.5 in 2018
Growth rate to range from 4-5%, inflation to decrease to 13-15%
Egypt inflation to fall to single digit by end-2018: Capital Economics
Drop in inflation driven by waning impact of devaluation of pound
Egypt’s annual inflation falls to 22.3%, its lowest level since November 2016
Inflation to fall below 20% in January and to decrease to 10-12% in 2018, says El-Garhy
Base effect may lead inflation rate to moderate in coming few months
Continued subsidy restructuring process could cause more headwinds pushing rate higher again or sustaining it around 25%, says head of research sector at Mubasher International Securities
CBE likely to embark on easing cycle as inflation declines
The bank could cut interest rate by 1% in the December meeting, say analysts
Egypt annual inflation rate falls to 26.7%
The annual inflation rate in Egypt fell in November to 26.7%, down from 31.8% in October, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS), which added that monthly inflation in November was up, scoring 1%. According to CAPMAS data, inflation in urban areas fell to 26% from 30.8% in October. The decline …
15.7% expected inflation rate in 2018: FocusEconomics
The FocusEconomics Consensus Forecast expects inflation in Egypt to average 15.7% in the year 2018, which is down 1.1% from last month’s estimate. During 2019, inflation is expected to fall to 11.5%, according to FocusEconomics. Inflation remains stubbornly high in September as urban consumer prices rose 1% from the previous month, down from August’s 1.13% …
Online shopping, tailoring, local markets affordable alternatives to expensive winter clothes
Following inflation of prices, shopping of middle-class citizens became more reliant on clothes stands in public areas
Pound sets for modest depreciation in 2018/19: Capital Economics
The currency has weakened by 50% against the dollar since it was floated last November
Inflation continues to represent challenge to economic stability: Oxford Business Group report
More funding on the way as Egypt’s economic reforms yield results: OBG’s “Egypt Economic Update”
Economic crisis, inflation hike behind change of consumer behavior: Tetra Pak
Turnout is on small package, food sector expected to recover in 2018
Egypt’s inflation cools as food prices stabilize, likely to extend downward trajectory
Inflation at 30% in October, expected to end the year around 21%
Banks to begin implementing CBE’s decision to raise mandatory reserve ratio of deposits on Tuesday
The CBE’s decision pushes banks to expand the financing of SMEs, as banks are exempted for the same value of liquidity they put into them, according to experts
Real estate prices is a mirror for the inflation: Colliers International
Real estate prices will still go up due to the inflation that came as a result of the currency devaluation, according to Regional Director at Colliers International Middle East and North Africa Ian Albert. Colliers International is a global commercial real estate company. In an interview with Daily News Egypt, Albert said that the there …
Foreign investment in Egypt’s debt likely to hit $20bn in FY 2017/18: Finance Minister
El-Garhy expects headline inflation to hover around 15% by the end of next June
Annual inflation in August fell to 33.2% against 34.2% in July
Monthly inflation records 1.2%, down from 3.2% in July
Can CBE reduce inflation to 10%-16% by the end of 2018?
The key objective of monetary policy in the next phase is to stabilise inflation with the aim to achieve prices stability on longer-term
Falling inflation should pave way for prolonged monetary easing cycle: Capital Economics
Fuel prices need to increase by an additional 140% by 2018/19
Inflation in Egypt likely to ease in Q4 FY 2017/18 to less than 15%: Mubasher report
“A hiking monthly inflation is alarming as it indicates how aggressive the inflationary wave could be,” the report indicated.
Will inflation force CBE to increase pound interest rate on Thursday?
MPC holds its fifth meeting on Thursday to look into the destiny of basic yield prices in the CBE amid uncertainty about its decision
34% of Egyptians reduce their consumption of food: Baseera
66% of Egyptians do not agree to raise the price of fuel and electricity, says Baseera
Ongoing fiscal consolidation to help curb inflation: HC Securities & Investments
Gradual appreciation of the pound will eliminate overshooting, GDP growth forecast at 4.4% in FY2017/18
Egypt automotive market under pressure amid elevated inflation, high borrowing costs
Vehicle prices on the rise despite lower demand, says BMI Research
Authorities took right measures to rein in inflation, reduce budget deficit: Lagarde
The approval of the Industrial Licensing Law and the New Investment Law by the parliament are a positive step in the right direction
Inflation looks set to fall back sharply towards the end of 2017, says Capital Economics
Beltone didn’t see interest rate hike to tame inflation
Economy to recover in 2018 with expected inflation hikes: Arqaam Capital
The Egyptian pound is expected to appreciate by 10% or more in FY 2017/2018 as tourism improves
Energy subsidy cuts, take its toll on the average Egyptians
Egypt, a country with a population of 90m, where more than 28% of them live below the poverty line, has been suffering following the 25 January Revolution in 2011 from economic challenges and political instability. These factors intensified Egypt’s already-existing structural problems. Since November 2016, when the authorities started to implement the economic reform programme …
Egypt’s economy shows signs of vigour: BNP Paribas
Inflation isn’t the only reason behind the soaring inflation