Egypt's annual headline inflation records 13.1% in July: CAPMAS
The inflation rate was mainly driven by a 3% year-on-year (YoY) increase in food and beverage prices, with a 4.3% rise in grains and bread prices and an 11.3% jump in fish and seafood prices.
Prices in the alcoholic beverage and tobacco category surged by 23.3% compared to July 2024, while the housing, water, electricity, natural gas, and fuel segment recorded a 20.4% annual increase.
Meanwhile, the monthly inflation rate fell by 0.6% in July, with the consumer price index (CPI) standing at 256.5 points.
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