Arab Finance: The International Monetary Fund (IMF) has raised its forecast for Egypt’s economic growth in fiscal year (FY) 2026/2027 to 4.7%, versus 4.4% projected in July, according to its October 2026 World Economic Outlook report.
The IMF expects Egypt’s current account deficit to hit 4.9% of gross domestic product (GDP) in FY2026/2027. It also projects annual consumer price inflation to average 14.8% at the end of June 2027, up from its forecast of 13.3% for FY2025/2026.
It is worth noting that annual urban headline inflation registered 13.9% last September, compared with 14.5% in August 2026.
Meanwhile, the general CPI reached 294.2 points in September, marking a rise of 1.5% from August 2026, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
