According to a Central Bank of Egypt announcement, Egypt’s core inflation rate decreased from 11.8 percent in December to 11.2 percent in January on an annual basis. Egypt’s inflation rate dropped to 11.8% year over year in December, according to the Central Bank of Egypt. In November, the rate was 12.5% on average.
According to the Central Bank of Egypt (CBE), Egypt’s annual core consumer price index (CPI) inflation decreased from 11.6 percent in July to 10.7 percent in August 2025. Core CPI rose 0.1% in August 2024, after declining 0.3% in July and increasing 0.9% in August.
In August 2025, the Monetary Policy Committee of the Central Bank of Egypt (CBE) announced a 200 basis point reduction in interest rates. The main operation rate was lowered to 22.5%, the lending rate to 23%, and the overnight deposit rate to 22%. Additionally, the discount rate was reduced to 22.5%.
The CBE attributed the decision to decreased fiscal and external concerns, improved growth prospects, and reduced domestic and global inflation. Domestically, real GDP growth is projected to rise from 2.4% in the previous fiscal year to 4.5% in the 2024–2025 fiscal year, amid mild inflationary pressures. In Q2 of 2025, the unemployment rate fell to 6.1% from 6.3% in Q1.
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