Egypt’s annual headline inflation rate decreased to 23.2% in January 2025, compared to 23.4% in December 2024, according to the latest data released by the Central Agency for Public Mobilization (CAPMAS).

The Consumer Price Index (CPI) for the entire country reached 243.5 points last month, indicating a slight slowdown in inflationary pressures.

The report showed that the monthly inflation rate for January stood at 1.6%, rising from 0.0% in December 2024.

CAPMAS attributed the decline in annual inflation to lower prices of vegetables, which fell by 2.6%, and a slight drop in fish and seafood prices by 0.3%.

Despite the overall decline in the annual inflation rate, several key commodity groups experienced price increases.

The prices of grains and bread rose by 1.3%, meat and poultry by 5%, dairy products including cheese and eggs by 0.3%, and oils and fats by 0.7%.

Additionally, fruit prices saw a sharp increase of 9.8%, sugar and sugary foods rose by 0.7%, coffee, tea, and cocoa increased by 1.2%, and ready-made clothing saw a rise of 1.4%.

 While most consumer goods recorded price hikes in January, these increases were not enough to push annual inflation higher.

The food and beverages sector witnessed a 2.1% increase, driven mainly by the rising prices of grains, bread, meat, poultry, dairy products, and fruit.

This surge occurred despite the decline in fish and seafood prices (-0.3%) and vegetable prices (-2.6%).

Beyond food items, other consumer goods also saw price increases.

Meanwhile, the clothing and footwear sector saw a 1.3% increase, mainly due to a 1.4% rise in ready-made clothing prices.