August 2026 inflation drops to 12.7%

In August 2026, Egypt's annual inflation rate experienced a slight decline to 12.7%, decreasing by 0.3 percentage points compared to July 2026. This was due to a balance between falling prices of certain food items, such as vegetables by 7.0% and meats and poultry by 1.5%, and increases in electricity and rent prices, which rose by 4.3% and 0.8%, respectively. On a monthly basis, the consumer price index remained steady at 289.8 points, with some categories, such as housing, electricity, and gas, increasing by 1.9%, helping to keep inflation at a low level. The most notable annual increases were in the housing and services sector, with higher rents and electricity costs, as well as in the education sector, which saw a 20% rise, especially after the sharp increase of 364.5% in post-secondary and technical education fees. In terms of food, vegetable prices surged by 27.7%, fruit prices increased by 8.1%, while there was a slight decrease of 0.5% in the prices of dairy, cheese, and eggs.

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