Egypt's annual urban consumer price inflation eased to 14.6% in May 2026 from 14.9% in April, the Central Agency for Public Mobilisation and Statistics said.
Egypt's annual urban consumer price inflation eased to 14.6% in May 2026 from 14.9% in April, the Central Agency for Public Mobilisation and Statistics said in a statement on Wednesday. Monthly inflation accelerated to 1.6% from 1.1% the previous month. Annual inflation for the country as a whole recorded 13% in May, down from 13.4% in April. The general consumer price index for the whole republic reached 292.0 points in May, an increase of 1.4% over April. Monthly core consumer price inflation recorded 1.6% in May 2026, compared with 1.1% in April 2026. On an annual basis, core inflation remained steady at 13.8% in May. The Central Bank of Egypt had expected annual headline inflation to accelerate until the third quarter of 2026. On 21 May, the central bank decided to keep its key interest rates unchanged at 19% for deposits and 20% for lending.
