Egypt's preliminary GDP growth 5% in first quarter, ministry says
Tweet
Share
E-mail
Egyptian workers clean the glass exterior of a building in Cairo, Egypt, May 6, 2026. REUTERS/Mohamed Abd El Ghany
DUBAI, May 6 (Reuters) - Egypt's preliminary GDP grew 5% in January to March compared to 4.8% in the same period a year earlier, according to a statement by the planning ministry on Wednesday.
The growth rate in the first quarter of the year exceeded previous expectations that pegged it at 4.6% due to higher oil prices and disruptions in supply chains because of the Iran war.
(Reporting by Momen Saeed Attallah, Writing by Nayera Abdallah, Editing by Alexandra Hudson)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Strong demand boosts US services sector activity in August
- Fed's Waller channels his inner John Lennon with a plea to 'give disinflation a chance'
- US weekly jobless claims rise marginally amid stable labor market
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
