Egypt Inflation Rate at 3-Month High of 14.9%
2026-08-10 05:56
By
Chusnul Chotimah
1 min. read
Egypt's annual urban inflation accelerated for the first time in four months to 14.9% in July 2026 from 14.3% in June, but remained below market expectations of 15.1%.
It was the highest inflation rate since April, with the largest component of the inflation basket, food and beverages, rising to 8.0% from 5.4% in June, the highest level in 14 months.
Transport inflation accelerated slightly to 24.5% in July from 24.4% in June, as the impact of higher fuel prices continued to put pressure on prices, though it was starting to fade.
Egypt raised fuel prices in early March by about 14% to 17% across a wide range of petroleum products, marking the first increase this year amid elevated global oil prices.
Inflation also accelerated for clothing and footwear (13.7% vs 13.6%) and health (4.5% vs 4.0%).
However, housing and utility prices remained steady at 41.2%.
Monthly, the CPI was unchanged after falling 0.4% in the previous month, which marked the first monthly decline since July 2025.