inflation
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Inflation Falls to 11.4% in May
Sunday, 10th June 2018
Egypt’s annual headline consumer price inflation (CPI) fell 1.7% in May 2018.
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IMF: Egypt on Positive Trajectory but Inflation Threatens Stability
Wednesday, 27th September 2017
Egypt has made a “strong start” on its reform program, but high inflation threatens macroeconomic stability.
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El Molla: Fuel Subsidies Cut is a Must
Thursday, 22nd June 2017
Tarek El Molla stated that there is no alternative to increasing fuel prices. -
Egypt Reached Highest Level of Inflation in May
Sunday, 12th June 2016
Egypt has reached the highest level of inflation in seven years in May, another challenge for policy makers trying to tackle a shortage of foreign currency that is slowing growth. -
Algeria to Issue Local Debt to Offset Global Oil Price Drop
Monday, 7th March 2016
Algeria plans to issue local-currency debt as a source of financing to offset the collapse in world oil prices, which halved government's energy revenues last year. -
Bahrain Approves New Pricing System for Fuels amid Subsidy Cuts
Tuesday, 29th December 2015
Bahrain’s cabinet has approved a new pricing system for diesel and kerosene introducing a gradual rise of prices for domestic customers, set to take effect in January. -
Oil Prices Ease Inflation in Egypt
Sunday, 13th September 2015
Egypt’s annual inflation decreased to hit 7.9% in August, down from 8.3% in July, according to the Central Agency for Public Mobilisation and Statistics (CAPMAS). The National explains that the current level of inflation is the lowest since 2013, remarking that the main cause was declining oil prices. -
Oil Price Stabilisation to Help Lower Russia’s Inflation
Tuesday, 2nd June 2015
Further stabilization of oil prices is likely to help lower inflation in Russia, allowing the central bank to reduce rates at a faster pace, the World Bank said Monday as it raised the economic outlook for the country. -
Iran Taking Risky Fuel Subsidy Reforms
Sunday, 24th May 2015
Iran is likely to abolish subsidised fuel allowances for motorists, an Oil Ministry adviser said on Saturday, in a move that will cut state spending but could also drive inflation and cause protests. -
Oman Still Going for Growth Despite Oil Prices, Says Kuwaiti Bank
Thursday, 21st May 2015
Despite a sizeable fiscal deficit this year and the next due to decline in oil prices, Oman is likely to avoid deep cuts in spending as the real GDP grows by 4% in 2015 before moderating to 3.7 per cent in 2016, a report said.
Latest News
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El Molla Showcases Ramallah Visit Results Before Cabinet
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Wintershall Dea Records High production level of 650,000 boe/d in Q4 2020
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Hungary Considers Importing Natural Gas from Egypt
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Egypt, Palestine to Develop Gaza Gas Field
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 63.71 | +0.78% |
Crude Oil (Brent) Brent | USD/bbl | 67.62 | +0.87% |
NYMEX Natural Gas | USD/MMBtu | 2.85 | -0.87% |
OPEC Basket Price | USD/bbl | 63.73 | +2.79% |
Last Modified February 25, 2021