Inflation Data Release for June 2024
July 10, 2024
Monthly urban headline CPI inflation, published by the Central Agency for Public Mobilization and Statistics on July 10th 2024, recorded 1.6 percent in June 2024 compared with 2.1 percent in the corresponding month of the previous year and negative 0.7 percent in May 2024. On an annual basis, urban headline inflation recorded 27.5 percent in June 2024, compared with 28.1 percent in May 2024.
Monthly core CPI inflation, computed by the Central Bank of Egypt, recorded 1.3 percent in June 2024 compared with 1.7 percent in the corresponding month of the previous year and negative 0.8 percent in May 2024. On an annual basis, core inflation recorded 26.6 percent in June 2024, compared with 27.1 percent in May 2024.
Inflation statistics are available on the CBE’s website. The monthly inflation note will be published on July 15th 2024.