FX.co ★ Egypt’s Annual Inflation Eases Slightly in May, CPI Slips to 14.6%

Egypt’s consumer price inflation edged down in May, with the annual Consumer Price Index (CPI) rate easing to 14.60% year-over-year, compared with 14.90% in the previous reading. Both the prior and current indicators are based on year-over-year comparisons for May 2026.

According to the latest data update on 10 June 2026, the May 2026 figure reflects a modest deceleration in price growth when compared with the same month a year earlier. The previous measure, also calculated on a year-over-year basis for May 2026, showed a slightly higher pace of inflation, suggesting that price pressures have begun to cool, albeit gradually.

The year-over-year methodology compares the change in prices for May with those of May a year ago, while the previous indicator did the same for the earlier reading. The slight decline from 14.90% to 14.60% indicates that inflationary momentum in Egypt remains elevated but is showing tentative signs of easing.