Trump says Israel, Hamas agree to first phase of us-brokered peace plan    Egypt's Sisi: Gaza ceasefire embodies 'triumph of the will for peace over the logic of war'    World Bank lifts Egypt's outlook, growth to average 4.6% over 2024–2027    Sisi invites Trump to Egypt to sign Gaza peace deal if talks succeed    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egypt's oil sector posts $598.3m net FDI inflow in FY2024/25 – CBE    Egypt yet to decide on fuel price increase — PM    Egyptian Open Amateur Golf Championship 2025 to see record participation    Cairo's Al-Fustat Hills Park nears completion as Middle East's largest green hub – PM    Al-Sisi reviews education reforms, orders new teacher bonus starting November    Egypt's Cabinet approves new universities, church legalisations    Investment Ministry, Future of Egypt Authority discuss strengthening supply chains, strategic commodity procurement    Saint-Gobain Egypt targets doubling exports to Africa to €120m annually    Egypt plants over 18,000 trees in Cairo, Delta in '100 Million Trees' initiative    Egypt's UPA launches new version of MedIQ medical procurement system    Egypt urges Netherlands to increase investment, stresses Nile water security    Egypt's Foreign Minister, German counterpart hold political consultations in Cairo    Egypt's Sisi congratulates Khaled El-Enany on landslide UNESCO director-general election win    URGENT: Egypt's Khaled El-Anany unanimously elected UNESCO director-general    Syria releases preliminary results of first post-Assad parliament vote    Al-Sisi reaffirms Egypt's military readiness on 52nd anniversary of 1973 victory    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt reviews Nile water inflows as minister warns of impact of encroachments on Rosetta Branch    Egypt's Al-Sisi commemorates October War, discusses national security with top brass    Egypt screens 22.9m women in national breast cancer initiative since July 2019    Egypt's ministry of housing hails Arab Contractors for 5 ENR global project awards    Egypt drug regulator, Organon discuss biologics expansion, investment    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt to host men's, juniors' and ladies' open golf championships in October    Egyptian Writers Conference announces theme for 37th session    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's c. bank expects inflation to reach target by late '26
Published in Amwal Al Ghad on 19 - 05 - 2025

The Central Bank of Egypt (CBE) expects inflation to continue declining over the coming two years, gradually moving towards its target range of 7 per cent (±2 percentage points) by the fourth quarter of 2026, according to CBE's Monetary Policy Report, Q1 2025 released on Monday.
According to the Bank's outlook, average inflation is projected to fall to between 14 and 15 per cent in calendar year 2025, and then further to between 10 and 12.5 per cent in 2026. This compares to an average of 28.3 per cent recorded in 2024.
The bank noted that the disinflation trend will proceed at a slower pace than the sharp decline seen in the first quarter of 2025. It attributed this to the impact of ongoing and planned fiscal consolidation measures, as well as the continued pressure from non-food inflation.
It also warned that the forecast depends on several assumptions. Any change to these could alter the inflation path over the medium term.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama


Clic here to read the story from its source.