مصر سعر الفائدة

The Central Bank of Egypt kept its interest rate unchanged at a record high of 27.25% in November 2024, for the eighth consecutive month, reflecting global and domestic economic conditions. Annual headline inflation stabilized at 26.5% in October, while core inflation eased to 24.4%, and food inflation dropped to a two-year low of 27.3%. These trends, along with improved inflation expectations and normalized monthly inflation dynamics, point to a continued disinflationary path, though subject to administered price adjustments. Real GDP growth accelerated in Q3 2024 compared to 2.4% in Q2, with further gains anticipated in Q4, although output remains below potential. Inflation is expected to hover near current levels through 2024, with risks still skewed to the upside, but is forecast to ease significantly from Q1 2025 as monetary tightening and favorable base effects take hold.