Egypt Inflation at 10-Month High on Fuel Price Hikes
2026-04-09 06:38
By
Chusnul Chotimah
1 min. read
Egypt’s annual urban inflation rate accelerated to 15.2% in March 2026 from 13.4% in February, above forecasts of 12%.
This marked the highest reading since May 2025, amid a surge in oil prices.
Egypt raised fuel prices in early March by about 14% to 17% across a wide range of petroleum products, the first increase this year.
Inflation accelerated in transport (39.4% vs 27.5% in February), food (5.8% vs 4.6%), housing and utilities (35.3% vs 31.7%), clothing and footwear (14.4% vs 14.2%), miscellaneous goods and services (11.6% vs 10.9%), restaurants and hotels (12.8% vs 11.9%), furnishings and household equipment (11.1% vs 10.8%), and alcoholic beverages, tobacco, and narcotics (16.9% vs 15.7%).
Meanwhile, price growth moderated in health (17.0% vs 17.8%) and recreation and culture (15.0% vs 15.1%), while inflation remained steady in communications (at 0.4%).
Monthly, CPI rose 3.2% in March, after a 2.8% gain in February, marking the fastest monthly increase since February 2023.