Egypt's annual core consumer price index (CPI) inflation saw a significant decrease in February 2025, recording 10.0 per cent, down from 22.6 per cent in January 2025, according to a central bank data released on Monday. On a monthly basis, core CPI inflation stood at 1.6 per cent in February 2025, a sharp drop from 13.2 per cent in the same month last year and slightly lower than the 1.7 per cent recorded in January 2025. The CBE continues to closely monitor core inflation, which excludes volatile items like food and energy, as it provides a clearer view of the underlying price trends and helps inform monetary policy decisions. The sharp drop in annual core CPI inflation signals a positive shift in Egypt's economic landscape, reflecting the effectiveness of recent monetary policies aimed at controlling price growth. The decrease could be attributed to a number of factors, including improved currency stability and successful government measures to reduce inflationary pressures. The central bank said it would release its monthly inflation note on March 15, 2025. Attribution: Amwal Al Ghad English Download
