...

Logo Yotel Air CDG
in partnership with
Logo Nextory

Egypt’s inflation eases as food prices drop, but some costs continue to rise

• Aug 18, 2025, 7:57 AM
3 min de lecture
1

Egypt’s urban inflation rate fell to 13.9% in July, down from 14.9% in June, signaling a modest improvement in the country’s economic conditions. The monthly inflation rate also saw a more pronounced decline, dropping to -0.6% compared to -0.1% in the previous month, indicating a broader reduction in prices.

The Central Agency for Public Mobilisation and Statistics (CAPMAS) reported that the national Consumer Price Index (CPI) reached 256.5 points in July, marking a 0.6% decrease from June.

The agency attributed this decline primarily to falling food prices, with significant drops in meat and poultry (-4.9%), fruits (-11%), and vegetables (-7%). Additionally, personal effects saw a 0.5% price reduction.

Mixed trends: some Goods see price hikes despite overall decline

While food prices largely contributed to the easing of inflation, several categories experienced increases.

Cereals and bread rose by 0.4%, fish and seafood by 0.2%, and dairy products, including cheese and eggs, also edged up by 0.2%.

Oils and fats increased by 0.1%, while sugar, coffee, tea, and cocoa each climbed by 0.2%.

Non-alcoholic beverages, including mineral water and natural juices, rose by 0.8%, but the most dramatic surges were seen in alcoholic beverages (+5.3%) and tobacco (+7.8%).

Beyond food, other sectors also recorded price hikes.

Fabric prices increased by 0.4%, ready-made garments by 0.3%, and footwear by 0.2%.

Housing-related expenses also rose, with actual rents up by 0.8% and home maintenance costs jumping by 1.7%.

Household goods saw notable increases, with furnishings rising by 2.6%, appliances by 0.6%, and tableware and utensils by 1.2%.

Service sectors were not spared, as outpatient and hospital services rose by 0.8% and 1.1%, respectively.

Transportation costs climbed by 0.3%, while hotel services surged by 1.5%.

National inflation dips to 13.1%, CBE predicts gradual decline

On a national level, annual inflation eased to 13.1% in July from 14.4% in June.

The Central Bank of Egypt (CBE) expects inflation to stabilize near current levels for the remainder of 2025 before gradually declining through 2026.

The bank has set a target of 7% (±2%) by the end of 2026.

Core inflation, which excludes volatile items like food and energy, recorded -0.3% monthly in July 2025, compared to -0.5% a year earlier.

Annually, core inflation edged up slightly to 11.6% from 11.4% in June.

CBE adjusts inflation forecast amid lingering risks

In its Q2 2025 Monetary Policy Report, the CBE revised its inflation projections, now expecting rates of 15–16% for 2025 and 11–12% for 2026—a significant improvement from the 28.3% peak in 2024.

However, the bank cautioned that risks remain, including slower adjustments in service prices and potential impacts from fiscal consolidation measures.

Since 2017, the CBE has adopted a flexible inflation-targeting framework to stabilize price expectations and mitigate supply shocks.

In December 2024, it set inflation targets of 7% (±2%) for Q4 2026 and 5% (±2%) for Q4 2028.

The Monetary Policy Committee meets eight times a year to adjust interest rates and guide inflation strategy.

The CBE employs various tools, including deposit and lending rates, reserve requirements, and auctions, to maintain price stability.

As Egypt navigates economic challenges, the latest data offers cautious optimism, though persistent price pressures in key sectors suggest the road to full stabilization remains uneven.


Today

Historic Kiruna Church in Sweden begins five-kilometre relocation
• 1:35 PM
1 min
One of Sweden’s most recognisable landmarks, the wooden Kiruna Church, is being moved five kilometres this week to a new city centre to escape an encroaching mine.View on euronews
Read the article
World Humanitarian Day: UN chief António Guterres urges governments to protect aid workers
• 1:30 PM
3 min
A record number of at least 383 humanitarian workers have been killed in 2024, a 31% surge from 2023.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08/19/world-humanitarian-day-un-chief-antonio-guterres-u
Read the article
Worst wildfire season in decades burns over 340,000 hectares in Spain
• 1:16 PM
1 min
Wildfires raging across Spain have scorched more than 340,000 hectares this year, with officials warning 2025 is already the country’s worst fire season in 30 years.<div class="small-12 column text-center article__button"><a href="https://www.euronews.com
Read the article
Trump administration revokes more than 6,000 student visas
• 11:05 AM
1 min
The US State Department says this is mostly for overstays or breaking the law with a small minority because of 'support for terrorism'.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08/19/trump-administra
Read the article
Burkina Faso kicks out U.N. coordinator over 'false' report
• 10:43 AM
1 min
In a statement, the government accused Carol Flore-Smereczniak of participating in the preparation of the report — titled Children and Armed Conflict in Burkina Faso — which it says is “without evidence or supporting documentation” and that conveyed “seri
Read the article
Chad police arrests son of Boko Haram founder with 5 other jihadists
• 10:21 AM
1 min
18-year-old Muslim Mohammed Yusuf is the youngest son of the radical Nigerian preacher Mohammed Yusuf, who in the early 2000s founded the violent Islamist group Boko Haram.<div class="small-12 column text-center article__button"><a href="https://www.afric
Read the article
World mosquito day marks deadly impact of tiny insects
• 10:05 AM
1 min
With over one million deaths annually linked to mosquito-borne diseases, World Mosquito Day calls for vigilance, innovation, and action against one of nature’s smallest but deadliest threats.<div class="small-12 column text-center article__button"><a href
Read the article
Trump calls Putin to propose Zelenskyy meeting after White House talks on Ukraine
• 10:02 AM
2 min
The phone call came after discussions in Washington between the US and Ukrainian presidents together with seven European leaders.<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08/19/trump-calls-putin-to-p
Read the article
Somalia says dozens of al shabab fighters killed in army operation
• 8:51 AM
1 min
Since July, Somali forces and African Union peacekeepers have intensified operations against the group's strongholds in the centre and south of the country<div class="small-12 column text-center article__button"><a href="https://www.africanews.com/2025/08
Read the article
Kyiv ceremony honours artist killed on the frontline
• 8:03 AM
1 min
Mourners gathered in Kyiv on Monday to bid farewell to Ukrainian artist and soldier Davyd Chychkan, who died after being wounded on the frontline in Zaporizhzhia.<div class="small-12 column text-center article__button"><a href="https://www.euronews.com/20
Read the article
Security guarantees for Ukraine take center stage in Washington talks
• 8:03 AM
1 min
The meeting, held against the backdrop of Russia’s ongoing war, was framed as a turning point. While challenges remain — including whether Kyiv will cede territory — leaders left Washington with what they called a renewed sense of unity and momentum towar
Read the article
Sudan’s Burhan reshuffles military amid war and political strain
• 5:33 AM
1 min
The shake-up comes amid a deeply fragmented political landscape. The RSF has established a parallel government, intensifying fears of Sudan’s de facto split, as both factions battle for legitimacy and control.<div class="small-12 column text-center articl
Read the article
Jongo festival in Rio calls for cultural preservation 
• 12:50 AM
1 min
Dancers from 18 communities rooted in Brazil’s history of slavery gathered in Rio de Janeiro this week to perform Jongo, a traditional dance with African origins.<div class="small-12 column text-center article__button"><a href="https://www.euronews.com/20
Read the article