Egypt’s inflation slows to 12.2% in June

CAIRO – 9 July 2026: Egypt’s annual inflation rate eased to 12.2 percent in June 2026, compared to 13 percent in May, as consumer prices fell by 0.9 percent month-on-month, supported by lower prices for several essential food items, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS).

CAPMAS reported that the general consumer price index for the whole republic stood at 289.5 points in June, reflecting a monthly decline of 0.9 percent from May.

The monthly decrease was mainly driven by a 6.4 percent drop in meat and poultry prices, a 2.4 percent decline in dairy, cheese, and eggs, and a 12.1 percent fall in vegetable prices. Prices of personal effects also decreased by 6.4 percent.

Food and beverages, the largest component of the inflation basket, declined by 3.7 percent during the month, mainly due to lower prices of meat, poultry, dairy products, and vegetables. However, some food items continued to rise, with cereals and bread up 0.6 percent, fruit increasing by 3.5 percent, and coffee, tea, and cocoa rising by 0.5 percent.

Meanwhile, several key categories recorded monthly increases. Housing, water, electricity, gas, and fuel rose by 1.5 percent, supported by a 2.6 percent increase in actual housing rent. Furniture and household equipment also increased by 2.3 percent.

Culture and recreation posted the highest monthly increase among the main categories, rising by 7.2 percent, driven by a 22.1 percent increase in the cost of organized tourist trips. Healthcare prices rose by 0.6 percent, while restaurants and hotels increased by 0.8 percent.

On a year-on-year basis, food and beverages rose by 4.7 percent compared to June 2025, mainly due to a 29.9 percent increase in vegetable prices, a 9.6 percent rise in coffee, tea, and cocoa, and a 4 percent increase in fish and seafood prices.

Housing, water, electricity, gas, and fuel recorded the sharpest annual increase among the main categories, climbing by 31.2 percent. The rise was driven by a 51.1 percent increase in imputed housing rent, a 28.2 percent rise in actual rent, and a 17.4 percent increase in electricity, gas, and other fuel prices.

Transport prices increased by 21.1 percent year-on-year, supported by a 23.9 percent rise in transport services and a 19 percent increase in spending on private transport. Education prices also rose by 20 percent compared to June 2025.

The figures indicate that inflationary pressures continued to ease compared to last year, helped by slower growth in food prices. However, housing, services, transport, and education costs continued to rise at rates above the headline inflation rate.