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  • CPI Press Release July 2021

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    Ebtsam Mohamed
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    Headline urban CPI inflation in Egypt rose to 0.9% in July 2021 compared to 0.4% in July 2020 and 0.2% in June 2021, bringing the annual headline inflation rate to 5.4% compared to 4.9% the previous month. Core inflation, excluding volatile items, increased to 0.6% in July versus -0.1% in July 2020 and 0.1% in June, with the annual core rate at 4.6%, up from 3.8%. The central bank published inflation statistics on its website and will release an inflation note on August 15.

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    Headline urban CPI inflation in Egypt rose to 0.9% in July 2021 compared to 0.4% in July 2020 and 0.2% in June 2021, bringing the annual headline inflation rate to 5.4% compared to 4.9% the previous month. Core inflation, excluding volatile items, increased to 0.6% in July versus -0.1% in July 2020 and 0.1% in June, with the annual core rate at 4.6%, up from 3.8%. The central bank published inflation statistics on its website and will release an inflation note on August 15.

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    © All Rights Reserved
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    5 views1 page

    CPI Press Release July 2021

    Uploaded by

    Ebtsam Mohamed
    Headline urban CPI inflation in Egypt rose to 0.9% in July 2021 compared to 0.4% in July 2020 and 0.2% in June 2021, bringing the annual headline inflation rate to 5.4% compared to 4.9% the previous month. Core inflation, excluding volatile items, increased to 0.6% in July versus -0.1% in July 2020 and 0.1% in June, with the annual core rate at 4.6%, up from 3.8%. The central bank published inflation statistics on its website and will release an inflation note on August 15.

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    © All Rights Reserved
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    Data Release

    August 10, 2021

    Monthly headline urban CPI inflation, published by the Central Agency for Public
    Mobilization and Statistics on August 10, 2021, recorded 0.9 percent in July 2021
    compared to 0.4 percent in the same month of the previous year and to 0.2 percent in
    June 2021. Accordingly, the annual headline inflation rate recorded 5.4 percent in July
    2021 compared to 4.9 percent in June 2021.

    Monthly core CPI inflation, computed by the Central Bank of Egypt, recorded 0.6 percent
    in July 2021 compared to negative 0.1 percent in the same month of the previous year
    and to 0.1 percent in June 2021. Accordingly, the annual core inflation rate recorded 4.6
    percent in July 2021, compared to 3.8 percent in June 2021.

    The spreadsheet including inflation statistics has been posted on the monetary policy link
    on the website at: http://www.cbe.org.eg/en/MonetaryPolicy/Pages/Inflation.aspx. The
    monthly inflation note will be published on August 15, 2021.

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