Inflation monitor: Egypt at 14.3% as price pressures moderate

Consumer price inflation in Egypt stands at 14.3% year on year in the latest reading tracked by CBAN, easing from 14.9% in the prior reading.

The moderation gives the Central Bank of Egypt more room for manoeuvre around its 19.5% policy rate. Across African consumer price baskets, food and non-alcoholic beverages typically carry the largest weight, followed by housing, utilities and transport — which is why harvests and fuel prices move headline inflation more here than in advanced economies.

Currency dynamics feed directly into the outlook. The Egyptian pound trades near 48.2 to the dollar, down 1.2% this year — a headwind that keeps imported costs elevated.

Real GDP growth is running at around 4%, and official reserves stand near $46.7 billion. The next scheduled CBE rate decision is 20 August 2026.

CBAN tracks inflation across every African economy in the interactive inflation dashboard, updated as national statistical releases are incorporated into the dataset.