Business · Economy · 12 hrs ago
Egypt core inflation slows to 14.1% as food prices rise
Egypt’s annual core inflation rate fell to 14.1% in September, down 0.8 percentage points from August.
Annual urban inflation also slowed, while nationwide inflation edged up to 12.8%.
At the same time, prices rose month to month, with urban inflation increasing to 1.3% from 0.1% in August.
Vegetables rose 15.1% during September, and food and beverage prices increased 3.2%.
Slower inflation means prices are rising more slowly, not that they are falling, so households still face higher costs.
Food-price swings can weigh especially heavily on lower-income households.
S&P Global expects Egypt’s inflation to average 12.9% in fiscal 2026/27 and fall to 9% by fiscal 2028/29.
Egypt’s annual core inflation slowed by 0.8 percentage points to 14.1 percent in September.
Annual urban headline inflation fell to 13.9 percent from 14.5 percent, while monthly urban inflation rose to 1.3 percent from 0.1 percent in August.
Nationwide annual inflation edged up to 12.8 percent from 12.7 percent in August.
Vegetable prices surged 15.1 percent during September, and food and beverage prices rose 3.2 percent month on month.
- Who
- The Central Bank of Egypt reported the core inflation figure; CAPMAS released other inflation data.
- What
- Annual core inflation slowed to 14.1 percent, while some monthly consumer prices rose.
- When
- September; the figures were reported on October 12, 2026.
- Where
- Egypt.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Monthly urban inflation was 0.1 percent and monthly core inflation was 0.3 percent.
Annual core inflation slowed to 14.1 percent, while monthly urban inflation rose to 1.3 percent.
Fitch affirmed Egypt’s credit rating at “B” with a stable outlook.
Arab News reported the September inflation figures.
- Annual core inflation
- 14.1 percent in September
- Annual urban headline inflation
- 13.9 percent in September
- Nationwide annual inflation
- 12.8 percent in September
- Vegetable prices
- Rose 15.1 percent during September
- Nationwide consumer price index
- 294.2 points after rising 1.5 percent month on month
What people are saying
For households, the distinction between slower inflation and falling prices is crucial: even when inflation eases, living costs generally continue rising
Sources
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