Egypt’s annual core CPI inflation eases to 22.6% in January – CBE

Egypt’s annual core consumer price index (CPI) inflation rate slowed slightly to 22.6 per cent in January 2025, down from 23.2 per cent in December 2024, according to a central bank data released on Monday.

On a monthly basis, CPI inflation rose to 1.7 per cent in January 2025, up from 0.9 per cent in December 2024, yet lower than 2.2 per cent recorded in January 2024.

The decline in annual inflation suggests a marginal easing in price pressures, while the monthly increase indicates continued inflationary trends, potentially driven by seasonal factors or cost fluctuations.

The CBE closely monitors core inflation, which excludes volatile items such as food and energy, as it provides a clearer picture of underlying price trends and helps guide monetary policy decisions.

The central bank said it would release its monthly inflation note on February 15, 2025.

Attribution: Amwal Al Ghad English