The Central Bank of Egypt published its May 2026 inflation statement, showing annual urban headline inflation edged down to 14.6% from 14.9% in April 2026, while annual core inflation remained unchanged at 13.8%. On a monthly basis, both headline and core inflation rose 1.6% in May, up from 1.1% in April. The urban consumer price index released by the Central Agency for Public Mobilization and Statistics increased 1.6% month on month in May 2026, compared with 1.9% in May 2025. The core consumer price index compiled by the central bank also increased 1.6% month on month, matching the rate recorded in May 2025. The central bank said its monthly inflation analysis will be published on 15 June 2026.
Central Bank of Egypt reports May urban inflation eased to 14.6% while core inflation held at 13.8%
The Central Bank of Egypt reported that annual urban headline inflation eased to 14.6% in May 2026 from 14.9% in April, while annual core inflation held at 13.8%. Monthly headline and core inflation both rose 1.6% in May, up from 1.1% in April, with the bank noting that its detailed monthly inflation analysis will be published on 15 June 2026.