{"id":628722,"date":"2018-05-13T04:18:55","date_gmt":"2018-05-13T04:18:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/"},"modified":"2018-05-13T04:18:55","modified_gmt":"2018-05-13T04:18:55","slug":"headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/","title":{"rendered":"Headline inflation drops as core inflation inches up slightly in April"},"content":{"rendered":"<p><strong>It\u2019s also interest rate week, ladies and gentlemen. And in advance of that: Headline inflation drops, core inflation up fractionally in April. <\/strong>Annual headline inflation rates dropped to 13.1% in April from 13.3% the month before, <a href=\"http:\/\/www.cbe.org.eg\/ar\/Pages\/HighlightsPages\/%D8%A8%D9%8A%D8%A7%D9%86-%D8%B5%D8%AD%D9%81%D9%8A--%D8%A7%D9%84%D8%AA%D8%B6%D8%AE%D9%85-%D8%A7%D9%84%D8%A7%D8%B3%D8%A7%D8%B3%D9%8A-%D8%A3%D8%A8%D8%B1%D9%8A%D9%84-2018.aspx\">the central bank announced yesterday<\/a>. Core inflation for the month inchedwas up fractionally at 11.62% from 11.59% in March. Analysts expect the rate to climb further as the government moves to slash fuel and energy subsidies with the start of the new fiscal year in July.<\/p>\n<p><strong>Detailed inflation figures will be released on Tuesday, 15 May,<\/strong> the CBE said.<\/p>\n<p><strong>Will the central bank cut interest rates again this coming Thursday? <\/strong>Don\u2019t bank on it, says Naeem\u2019s Allen Sandeep. The MPC had slashed interest rates by 100 bps each time at its last two meetings, as inflation levels began to cool, dropping to their lowest levels yet in March. \u201cThe latest data on inflation should make the case harder for the central bank to implement another interest rate cut in the upcoming [meeting],\u201d <a href=\"https:\/\/www.reuters.com\/article\/egypt-economy-inflation\/update-1-egypt-inflation-sees-first-rise-in-eight-months-before-rate-meeting-idUSL8N1SH5HD\">he tells Reuters<\/a>. On the other side: Beltone said in a research note that it expects kThursday\u2019s MPC meeting to see a 100 bps rate cut based on the government\u2019s ability to contain inflationary pressures. The firm also expects another rate cut before the end of the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s also interest rate week, ladies and gentlemen. And in advance of that: Headline inflation drops, core inflation up fractionally in April. Annual headline inflation rates dropped to 13.1% in April from 13.3% the month before, the central bank announced yesterday. Core inflation for the month inchedwas up fractionally at 11.62% from 11.59% in March. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":628723,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"a52953ff-9cdb-4fab-89d7-7dc31caa9272","order":"0","is_powered_by":true,"section_story_id":"c41bc34d-e6ea-4753-b80f-fd080c924c5e","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/5\/2978.jpg","photo_position":"above","related_issue":[628719],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Headline inflation drops as core inflation inches up slightly in April - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Headline inflation drops as core inflation inches up slightly in April\" \/>\n<meta property=\"og:description\" content=\"It\u2019s also interest rate week, ladies and gentlemen. And in advance of that: Headline inflation drops, core inflation up fractionally in April. Annual headline inflation rates dropped to 13.1% in April from 13.3% the month before, the central bank announced yesterday. Core inflation for the month inchedwas up fractionally at 11.62% from 11.59% in March. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-13T04:18:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2978.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Headline inflation drops as core inflation inches up slightly in April\",\"datePublished\":\"2018-05-13T04:18:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/\"},\"wordCount\":227,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/5\/2978.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/05\/13\/headline-inflation-drops-as-core-inflation-inches-up-slightly-in-april\/\",\"name\":\"Headline inflation drops as core inflation inches up slightly in April - 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Annual headline inflation dropped to 2.4% last month, marking its lowest reading in nearly a decade, as we noted yesterday. Headline inflation accounts for a basket of goods and services\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599827,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/egypt-inflation-drops-in-december-falling-within-cbes-year-end-targets\/","url_meta":{"origin":628722,"position":1},"title":"Egypt inflation drops in December, falling within CBE\u2019s year-end targets","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"Inflation drops in December, falling within CBE\u2019s year-end targets: Annual headline inflation dropped to 12.0% in December, down from 15.7% the previous month, according to a statement from the central bank (pdf). Monthly headline inflation also dropped to -3.2%, down from -0.8% in November. Annual core inflation, meanwhile, which doesn\u2019t\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/1470.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594912,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/egypts-headline-inflation-falls-to-six-and-a-half-year-lows-in-august\/","url_meta":{"origin":628722,"position":2},"title":"Egypt\u2019s headline inflation falls to six-and-a-half year lows in August","author":"enterpriseam admin","date":"11 September 2019","format":false,"excerpt":"Headline inflation falls to six-and-a-half year low in August, confounding expectations: Egypt\u2019s annual headline inflation rate fell to 7.5% in August from 8.7% in July, a low not seen January 2013, official data showed yesterday. Figures released by Capmas showed that monthly inflation slowed to 0.7% last month from 1.8%\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/1816.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588365,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/11\/inflation-returns-to-acceleration-in-may\/","url_meta":{"origin":628722,"position":3},"title":"Inflation returns to acceleration in May","author":"enterpriseam admin","date":"11 June 2023","format":false,"excerpt":"Food and beverage inflation rose to 60% y-o-y","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/486.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585117,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/11\/inflation-nears-record-high-in-march-as-impact-of-devaluation-bites\/","url_meta":{"origin":628722,"position":4},"title":"Inflation nears record high in March as impact of devaluation bites","author":"enterpriseam admin","date":"11 April 2023","format":false,"excerpt":"Food prices hit fresh record high but core inflation slows","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/466.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595913,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/14\/egypts-headline-inflation-falls-to-four-year-low-in-july-despite-subsidy-cuts\/","url_meta":{"origin":628722,"position":5},"title":"Egypt\u2019s headline inflation falls to four year low in July despite subsidy cuts","author":"enterpriseam admin","date":"14 August 2019","format":false,"excerpt":"Headline inflation falls to four-year low in July despite subsidy cuts: Egypt\u2019s annual headline inflation rate dropped to 8.7% in July from 9.4% in June, its lowest recording in four years, according toCapmas data released on Thursday. To put that into perspective: headline inflation was at 13.5% in July 2018,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/1072.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=628722"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628722\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/628723"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628722"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628722"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}