Egypt's inflation rate drops to 11.9%, nearing its lowest level in four years

2026-02-10 18:01:05

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Investing.com – Egypt’s overall inflation rate in January decreased year-over-year to 11.9%, down from 12.3% in December, marking the second-lowest level since the first quarter of 2022.

The January inflation data largely met analyst expectations, with LSEG consensus predicting 11.7% and other estimates around 11.8%.

This marks the lowest inflation rate since September, creating favorable conditions for the Central Bank of Egypt (CBE) to cut interest rates again at the upcoming meeting on Thursday.

The decline in inflation indicates that Egypt’s economy may be experiencing a certain degree of price stability after undergoing a prolonged period of high inflation over the past two years.

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