Egypt Inflation Rate at 9-Month Low of 12.7%

Egypt's annual urban inflation eased for the third straight month to 12.7% in October 2026 from 13.9% in September. It was the lowest inflation rate since January, as the impact of higher fuel prices continued 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 of the year amid elevated global oil prices. In March, inflation accelerated to a ten-month high of 15.2%. Egypt's Planning and Economic Development Minister Ahmed Rostom said the latest figure reflected easing inflationary pressures and improved price stability.

Egypt's annual urban inflation eased for the second straight month to 13.9% in September 2026 from 14.5% in August. It was the lowest inflation rate since February, as the impact of higher fuel prices continued to fade, with transport inflation slowing slightly to 24.3% in September from 24.4% in August, while housing and utilities inflation moderated to 35.2% from 42.8%. 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 moderated for clothing and footwear (13.9% vs 14.0% in August), health (4.5% vs 4.6%), and alcoholic beverages and narcotics (8.3% vs 9.1%). Meanwhile, inflation accelerated for food and beverages (7.2% vs 6.3% in August) and furnishings (17.4% vs 16.9%). On a monthly basis, the CPI rose 1.3%, after edging up 0.1% in the previous month, marking the fastest increase in four months.

Egypt's annual urban inflation slowed to 14.5% in August 2026 from July's three-month high of 14.9%, and below market expectations of 15.5%. The deceleration came as food and beverages inflation, the largest component of the inflation basket, eased to 6.3% from 8.0% in July, which was the highest level in 14 months. Transport inflation also eased slightly to 24.4% in August from 24.5% in July, as the impact of higher fuel prices continued 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 eased for furnishing (16.9% vs 17.9%) and alcoholic beverages and narcotics (9.1% vs 9.3% in July). Meanwhile, inflation accelerated for housing and utilities (42.8% vs 41.2%), clothing and footwear (14.0% vs 13.7%), and health (4.6% vs 4.5%). On a monthly basis, the CPI edged up 0.1%, after being flat in the previous month.