Egipto Tasa De Interés

The Central Bank of Egypt maintained its benchmark interest rate unchanged at 27.25% during its February 2025 meeting, marking 11 consecutive months of record-high borrowing costs in the Egyptian monetary system. The move aligns with efforts to control inflation, which stabilized at 24.0% in January 2025, slower than the pace observed earlier in the year. Core inflation also remained stable at 22.6% in January 2025, with food inflation continuing to ease, reaching 20.8%, while non-food inflation persisted around 25.5%. Despite these improvements, inflation remains well above the bank's target rate of 7% (±2 percentage points). Heightened geopolitical tensions and fiscal consolidation measures, including higher prices for fuel and other administratively priced items, continue to exert upward pressure on inflation. The CBE extended its inflation target horizon to the fourth quarters of 2026 and 2028, aiming for 7% and 5% on average, respectively.