CAPMAS says that Egypt’s yearly consumer price inflation dropped to 13.9% in July

Egypt’s annual urban consumer price inflation decreased from 14.9% in June to 13.9% in July, according to figures released on Sunday by the statistics office CAPMAS.

Prices for food and drink in cities increased 3.4% from July 2024 but decreased 3% overall from June 2025.

On a monthly basis, urban inflation decreased by 0.5% in July compared to June. For example, the cost of meat and poultry decreased by 4.9%, fruits by 11%, and vegetables by 7%, while the cost of bread and cereals increased by 0.4% and seafood by 0.2%.

An $8 billion financial assistance package approved with the International Monetary Fund in March 2024 has helped Egypt’s annual inflation rate fall from a record high of 38% in September 2023.

According to the central bank’s statement later on Sunday, core inflation—which excludes volatile goods like fuel and some food types—rose from 11.4% in June to 11.6% in July.