Below is my personal forecast for Egypt’s inflation reading for February 2026 and the year 2026.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Below is my personal forecast for Egypt’s inflation reading for January 2026 and the year 2026.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

This is the monthly update of my personal forecasts for Egypt’s macro forecast through 2032.

The forecasts dated 21 January 2026 cover the following:

• Inflation rate.

• FX rate.

• Interest rate:

  • CBE’s overnight lending rate (quarterly, annual, EOP, and average).

  • CBE’s overnight deposit rate (quarterly, annual, EOP, and average).

• Cost of capital:

  • Egypt’s cost of equity (COE).

  • Egypt’s cost of debt (COD), before and after corporate tax.

All forecasts (old and new) can be downloaded from the below Excel file.

Emf 20260121

376KB ∙ XLSX file

Download

Download

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Below is my personal forecast for Egypt’s inflation reading for December 2025 and the year 2025.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Below is my personal forecast for Egypt’s inflation reading for November 2025 and the remainder of the year 2025.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Below is my personal forecast for Egypt’s inflation reading for October 2025 and the remainder of the year 2025.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Below is my personal forecast for Egypt’s inflation reading for September 2025 and the remainder of the year 2025.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

This is the monthly update of my personal forecasts for Egypt’s macro forecast through 2032.

The forecasts dated 26 September 2025 cover the following:

• Inflation rate.

• FX rate.

• Interest rate:

  • CBE’s overnight lending rate (quarterly, annual, EOP, and average).

  • CBE’s overnight deposit rate (quarterly, annual, EOP, and average).

• Cost of capital:

  • Egypt’s cost of equity (COE).

  • Egypt’s cost of debt (COD), before and after corporate tax.

All forecasts (old and new) can be downloaded from the below Excel file.

Emf 20250926

278KB ∙ XLSX file

Download

Download

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Below is my personal forecast for Egypt’s inflation reading for August 2025 and the remainder of the year 2025.

Definitions

• Headline = Urban inflation headline number.

• Core = Core inflation that excludes volatile items, like fruits and vegetables, and administratively-controlled or regulated items.

• Food = Food inflation.

• Annual = Comparing the CPI reading versus the same month a year before.

• Monthly = Comparing the CPI reading versus the previous month.

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

This is the monthly update of my personal forecasts for Egypt’s macro forecast through 2032.

The forecasts dated 23 August 2025 cover the following:

• Inflation rate.

• FX rate.

• Interest rate:

  • CBE’s overnight lending rate (quarterly, annual, EOP, and average).

  • CBE’s overnight deposit rate (quarterly, annual, EOP, and average).

• Cost of capital:

  • Egypt’s cost of equity (COE).

  • Egypt’s cost of debt (COD), before and after corporate tax.

All forecasts (old and new) can be downloaded from the below Excel file.

Emf 20250823

229KB ∙ XLSX file

Download

Download

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.

Dear BORSAGY Subscriber,

Having been regularly asked for an updated macro outlook from many friends, I decided to create this new section that will be updated periodically to share my personal forecasts for Egypt’s macro forecast through 2032.

The forecasts will cover the following:

• Inflation rate.

• FX rate.

• Interest rate:

  • CBE’s overnight lending rate (quarterly, annual, EOP, and average).

  • CBE’s overnight deposit rate (quarterly, annual, EOP, and average).

• Cost of capital:

  • Egypt’s cost of equity (COE).

  • Egypt’s cost of debt (COD), before and after corporate tax.

All forecasts can be downloaded from the below Excel file.

Emf 20250719

176KB ∙ XLSX file

Download

Download

Disclaimer

The forecasts provided on this platform are for informational purposes only and should not be considered as financial, investment, or professional advice. While every effort has been made to ensure the accuracy of the information presented, it is inherently uncertain and subject to change.

By using these forecasts, you acknowledge that you do so at your own risk. The author and associated parties shall not be liable for any losses, damages, or expenses arising from the use of, or reliance on, the forecasts provided. It is recommended that you conduct your own research and consult with a qualified professional before making any decisions based on this information.