Africa-Press. A Reuters poll expects Egypt’s core inflation rate to fall to 11.7% in January 2026, down from 12.3% in December 2025, driven by lower prices for some food items and a base effect, according to analysts who took part in the survey.
The poll, which surveyed 18 analysts between January 29 and February 5, 2026, said the decline in inflation was due to several factors, most notably easing pressure from food and transportation prices, as well as improved year-on-year comparisons with previously recorded high price levels.
Annual inflation in Egypt had fallen from a record level of 38% in September 2023, after Egypt signed an $8 billion financial support package with the International Monetary Fund in March 2024, which helped calm the wave of rising prices.
On the monetary policy front, the decline in inflation helped the Central Bank of Egypt cut the overnight lending rate by 100 basis points to 21% in December, bringing total cuts in 2025 to 725 basis points.
The Monetary Policy Committee is scheduled to meet to review interest rates on February 12, 2026. Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) is also expected to release January inflation data on Tuesday.
