Egypt’s Annual Inflation Drops to 23.2% in January 2025

CAIRO – 10 February 2025: Egypt’s annual inflation rate dropped slightly to 23.2 percent in January 2025, down from 23.4 percent in December 2024, according to the latest report from the Central Agency for Public Mobilization and Statistics (CAPMAS). The Consumer Price Index (CPI) for the entire country reached 243.5 points, signaling a mild slowdown in inflationary pressures.

The report highlighted that the monthly inflation rate for January rose to 1.6 percent, compared to 0.0 percent in December 2024. CAPMAS attributed the annual inflation slowdown to lower vegetable prices, which declined by 2.6 percent, and a slight drop in fish and seafood prices by 0.3 percent.

However, despite the overall decrease in annual inflation, several essential goods experienced price hikes. The cost of grains and bread increased by 1.3 percent, meat and poultry by 5 percent, dairy products including cheese and eggs by 0.3 percent, and oils and fats by 0.7 percent. Additionally, fruit prices surged by 9.8 percent, sugar and sugary foods rose by 0.7 percent, coffee, tea, and cocoa increased by 1.2 percent, and ready-made clothing prices climbed by 1.4 percent.

The food and beverages sector saw a 2.1 percent increase, mainly driven by higher prices of grains, bread, meat, poultry, dairy products, and fruit. These rises occurred despite the declining costs of vegetables (down 2.6 percent) and seafood (down 0.3 percent).

Other consumer sectors also recorded price increases. The clothing and footwear sector rose by 1.3 percent, largely due to a 1.4 percent increase in ready-made clothing prices.

Although annual inflation edged lower, rising costs in essential categories such as food and clothing continue to add pressure on consumers.