Latest in Tag: inflation Highlight
Latest in Tag: inflation
Inflation stabilizes at 30.9%, unchanged from May
Curbing inflation is a priority and will lead to lower interest rates: Minister of Finance
Egyptians feel squeeze as austerity measures, inflation bite
Hard-pressed citizens begin to feel the impact of the IMF deal
Egypt inflation likely to rise 3-4.5% after fuel price hike: Kojak
Egypt’s inflation rate is expected to rise by between 3 and 4.5 percent following last week’s fuel price hike, Deputy Finance Minister Ahmed Kojak said on Monday. Global Search House expected prices to resume rally again after Egyptian government enacted a second round of economic reforms at the beginning of the fiscal year 2017/2018. Egypt …
Fuel subsidy cuts emphasizes authorities’ commitment, but will add to inflation challenge: HSBC
Inflation is forecast to reach 33% in July
Kazyon to take number of opened branches to 300 by end of 2017: marketing head
Ramadan offers started mid-April and will continue until the end of the holy month, says Ismail Hafez
CBE likely to maintain current tight monetary stance to reduce inflationary pressures: IIF
Annual inflation rate to decline gradually to 18% by end of 2017, from about 30% in May
Inflation likely to resume rally if government delivers on next round of austerity measures
Research houses expects prices to shoot up again with applying subsidy cuts and VAT
Increasing interest rates on loans has no effect on industrial sector on long term, inflation to fall in November: Kabil
The industrial sector is facing lots of obstacles but is capable of continuing
Reform implementation is key, broader challenge is to leverage high inflation environment: HSBC
The HSBC Bank Middle East Ltd has published its report about Egypt’s fiscal targets and economic performance for the first quarter (Q1) of 2017, saying that “Egypt registered a budget deficit of around EGP 800bn in Q1 2017, up 20% in nominal terms from Q1 2016, but down 0.5ppts to 12.4% as a share of …
High debt levels, inflation, political unrest among “risk factors” for Egypt bonds document
Any failure to address structural reforms may result in reduced support from multilateral and bilateral creditors, the document warns
Pressures mount on CBE as IMF calls for interest rate hike to tame inflation
Inflation extends rise in April on higher food prices
Inflation climbs to 32.9% in April, shows slower pace
Food prices jump by 44.3%, record-high since flotation in November
Egypt fixes customs exchange rate at 16.5 as inflation shoots up
The inflation rate hovers around its highest level in more than three decades
US inflation drops, consumer spending stagnates
The US central bank’s preferred inflation measure dropped in March, while consumer spending in the world’s largest economy remained unchanged for a second straight month, in a sign of weak domestic demand.The US Federal Reserve’s preferred inflation measure fell in March, and a key component dropped for the first time in nearly 16 years, the …
Egypt must tackle inflation risks: Lagarde
“Other reforms have to continue, but there has to be a special focus on inflation,” says the IMF’s managing director
Inflationary pressures falling down: EFG-Hermes
March’s m-o-m inflation saw the slowest increase since the pound was floated in November, says EFG-Hermes
Inflation jumped to 32.5%, highest rate since 1980s
Headline inflation will spike to a mid-30s percentage level: Arqaam Capital
Focus Economics expects inflation to average 22.3% in 2017
The company expects the economy to expand at a more moderate pace of 3.0% in fiscal year 2017, 3.8% for 2018
Consumers confident despite inflation worries
Consumers in Germany are still optimistic about economic developments at home, a closely-watched survey by the GfK market research group has shown. But inflation worries may soon change the picture.GfK market researchers presented their latest consumer confidence index Thursday, pointing out that their forward-looking survey for April slipped to 9.8 points from 10 points a …
2017 poised to tough for Egyptian consumers: Arqaam Capital
Inflation to reach 20-25% in FY17, driven by fuel subsidy cuts and increase in VAT rate
Obour Land executives discuss inflation, production with Al Borsa
Company opens two factories on area of 10,000sqm during H1 2017
Egyptians abandon imported products for local ones
With the dramatic rise in prices of imported products, Egyptians turned to their local market for alternatives
Inflation hike is temporary, expected to decline in the coming period, hence interest rate kept unchanged: MPC
CBE raised the interest rate by 3% on 3 November 2016 as prelude to hiking inflation
CBE maintains same interest rate
Having increased the interest rate three times in 2016, the CBE does not plan to raise it further
Annual rate of inflation hikes by 29.6%, monthly by 4.3%: CAPMAS
The annual rate of inflation hiked to 29.6% in January compared to January 2016. The rate had previously stood at an annual inflation rate of 24.3% during December 2016, according to the monthly report issued by the Central Agency for Public Mobilization and Statistics (CAPMAS). The monthly rate recorded an increase of 4.3%, which was …
Egypt’s economy over 6 years
There are three variables in any economy which need to be reduced: inflation, unemployment, and debt; and three others which must be increased, including investment, growth, and export. There are also some intermediate variables that contribute to achieve those six goals, such as increasing the savings which help boosting investment and fighting poverty through reducing …
Food commodity price hikes push inflation to its highest since 2005: CBE
Recent CBE reports explain inflation hitting 25% at end of December 2016
Annual inflation rate records 24.3% in December, expected not to fall below 20%
The annual Inflation rate hiked to 24.3% in December, compared to 20.2% in November, according to a statement issued by the Central Agency for Public Mobilization and Statistics (CAPMAS). The statement issued on Tuesday attributed the increase of the inflation rate to price hikes in the food and beverage sector, as they registered an increase …
Inflation aggravates difficulties facing non-oil private sector
Emirates NBD Egypt PMI continues to signal decline amid steep inflation
Eurozone inflation climbs to three-year high
Inflation in the 19-member euro area has reached a new high.