{
  "id": 13524613,
  "title": "Egypt Urban Inflation Eases to 13.9% in September",
  "url": "https://urgent.news/2026/10/10/egypt-urban-inflation-eases-to-13-9-in-september",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T18:23:38.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/egypt-urban-inflation-13-9-percent-september-2026/"
  },
  "original_language": "en",
  "account": "Egypt's urban inflation rate slowed to 13.9% on an annual basis in September, down from 14.5% in August, according to data released by the state statistics office CAPMAS on Saturday, 10 October. However, the rise in food prices, which increased by 3.2% in September, indicates that the easing is still fragile. This monthly jump, up from 0.1% in August, far exceeds market expectations of 0.3%.\n\nWhile the annual inflation rate edged up to 12.8% from 12.7% in August, the monthly uptick in urban inflation makes an immediate rate cut by the Central Bank of Egypt (CBE) less likely. The CBE had held its overnight deposit rate and lending rate at 19% and 20% for the fifth consecutive time on 24 September, citing risks such as regional hostilities, fiscal measures, global food prices, and high energy costs.\n\nFood and non-alcoholic beverage prices, led by a 15.1% monthly increase in vegetables, accounted for most of the rise in urban prices. Meat and poultry, as well as fruit, also saw increases. Housing, water, electricity, gas, and fuel costs were the most substantial monthly contributors, up 29.6% from September 2025. Nonetheless, food prices alone increased by a modest 7.9% over the year, helping to keep the annual inflation rate in check.\n\nThe CBE's core inflation figure, which excludes volatile food and regulated prices, was 14.9% in August, with a market forecast of 14.3% for September. The exact reason for the spike in vegetable prices remains unclear. The next meeting of the Monetary Policy Committee, which determines the CBE's policy rate, is scheduled for 29 October. Investors will closely monitor food prices and the potential direction of the central bank's interest rate decisions.",
  "summary": "Egypt's annual urban inflation slowed to 13.9% in September from 14.5%, but prices rose 1.3% in the month as vegetables jumped 15.1%. The post Egypt Urban Inflation Eases to 13.9% in September appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}