10 Hrs
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الاقتصادية
Egyptian city inflation falls to 13.9%
The annual inflation rate in Egyptian cities decreased to 13.9% in September 2026 from 14.5% in August, amidst a slowdown in the rise of prices for goods and services. This decline is attributed to reduced pressures on food and service prices, although forecasts indicate that inflation will remain relatively high due to increases in fuel and wheat prices that affect food costs. Fitch Agency predicts that the average inflation will rise to 12.3% in the fiscal year 2027, before decreasing to below 10% by the end of 2028, supported by flexible exchange rate policies and tight monetary measures.
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