Egypt inflation likely rose to 15.6% in July, says poll

Egypt's inflation trajectory is anticipated to have accelerated during July, with forecasts pointing to an annual headline inflation rate of 15.6%, up from the previous month's 14.3%. According to polling data, multiple factors are expected to have contributed to this increase. An unfavourable base effect from the prior year is cited as a primary driver, alongside mounting price pressures across both food and non-food categories. The combination of these inflationary pressures suggests continued economic headwinds for Egyptian consumers and businesses.