Inflation in the Mamluk Era

Mr. Oussama al-Saadouni Gamil

PhD student at Dār al-ʿUlūm, Cairo University

icon-calendar Tuesday November 13ᵗʰ, 2018

Mr. Oussama al-Saadouni Gamil is preparing his doctoral thesis at Dār al-ʿUlūm on inflation during the Mamluk era. He chose to focus on a ten-year period, from 800/1397 to 810/1408, in order to study in as much detail as possible the factors at play, the role of the various figures, and the precise evolution of the prices of essential products. The year 806/1403-1404 marks the beginning of a period of strong price hikes, up to 500% for some products. A low Nile flood, epidemics, and some unfortunate political decisions help to explain the phenomenon. Relief will only come after the implementation of a policy of imposed price reduction by the Sultan al-Muʾayyid Abū al-Naṣr (d. 824/1421) after his coming to power in 815/1412.