Cost of food in Egypt increased 15.06 percent in May of 2019 over the same month in the previous year. Food Inflation in Egypt averaged 16.23 percent from 2010 until 2019, reaching an all time high of 43.61 percent in April of 2017 and a record low of 5.46 percent in November of 2012.
Food Inflation in Egypt is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Egypt to stand at 10.00 in 12 months time. In the long-term, the Egypt Food Inflation is projected to trend around 7.00 percent in 2020, according to our econometric models.