The Central Bank of Egypt (CBE) is expected to start cutting interest rates during its next meeting in April, due to the 12.8% drop in inflation registered in February.

The US Federal Reserve held interest rates steady at a range between 4.25% and 4.5%

In this Factsheet, we will track Egypt’s inflation performance in February 2025, highlighting the leading sectors in terms of inflation rates.

Prime Minister Mostafa Madbouly announced that the government aims to reduce inflation to 10% by 2026, following a decline to 12.5% in February, the lowest rate in three years.

Egypt's annual headline inflation reached 12.5% in February 2025, compared to 23.2% in January, the Central Agency for Public Mobilization and Statistics (CAPMAS) data showed.

Egypt’s annual core consumer price index (CPI) inflation recorded 22.6% in Janauary 2025, compared to 23.2% in December 2024.

Egypt's annual headline inflation hit 23.2% in January 2025, compared to 23.4% in December 2024.

Egypt's real household spending is expected to grow by 3.1% year-on-year (YoY) to EGP 2.1 trillion in 2025, lower than 7.5% for 2024, according to Egypt 2025 Consumer Outlook article by BMI, a Fitch Solutions company.

Egypt’s annual core consumer price index (CPI) inflation recorded 23.2% in December 2024, compared to 23.7% last November, according to the Central Bank of Egypt (CBE) data.

Egypt's annual headline inflation hit 23.4% in December, compared to 25% in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed.

Egypt's economy stands at a pivotal moment, facing serious challenges and emerging opportunities. in 2024, the nation grappled with high inflation rates. Concurrently, Egypt's net international reserves (NIRs) reflected some positive economic developments. Despite this progress, foreign currency inflows saw a dramatic drop, primarily due to a sharp decline in Suez Canal revenues. In light of these circumstances, Egypt has initiated efforts to attract foreign investment. As 2025 begins, Egypt’s future hinges on the successful implementation of economic reforms and addressing the underlying macroeconomic challenges while ensuring sustainable growth.

The Federal Reserve has decided to lower its target range for the federal funds rate by 0.25% to between 4.25% and 4.50%.

The annual core inflation in Egypt recorded 23.7% in November 2024, compared to 24.4% in October 2024, according to data released by the Central Bank of Egypt (CBE).

Egypt’s annual headline inflation rate eased to 25% in November 2024, compared to 35.9% in the same month of 2023, according to a press release by the Central Agency for Public Mobilization and Statistics (CAPMAS).

During her speech at the sixth annual Hapi Conference, Abir Leheta, CEO of Egyptian Transport and Commercial Services Company (Egytrans), stated that logistic services represent between 30% and 35% of the total cost of the product.

The Central Bank of Egypt (CBE) has withdrawn a record EGP 1.369 trillion in excess liquidity from the banking system through its weekly fixed-return deposit auction.

Egypt's annual headline inflation dropped to 26.3% in October 2024, compared to 38.5% in the same month of 2023, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced in a press release.

The International Monetary Fund (IMF) anticipates that Egypt will manage inflation at a faster rate during the current fiscal year (FY) 2024/2025, with inflation forecasted to drop to 21.2%.

The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) opted to maintain its key interest rates during its meeting on October 17th.