Egypt’s headline inflation rate accelerate in May

According to the agency, rising prices across several consumer groups were the main drivers of the inflation increase. These included grains and bread, which slightly increased by 0.1 percent, while meat and poultry prices rose by 1.2 percent. Fish and seafood prices climbed by 2.4 percent, and oils and fats increased by 0.2 percent.

Moreover, fruit prices surged significantly by 13.4 percent, while vegetables went up by 2.1 percent. The sugar and sugary foods cost increased by 0.2 percent, and prices for mineral water, soft drinks, and natural juices rose by 1.3 percent.

Other increases were recorded in the prices of fabrics (up by 1.7 percent), ready-made clothing (2.9 percent), and footwear (1.2 percent). Housing-related categories also saw price increases, with actual rents and housing maintenance rising by 1.2 percent and 1.8 percent, respectively. Water and other housing-related services increased by 0.7 percent, while electricity, gas, and other fuels climbed by 2.1 percent.

Medical products and equipment saw a sharp increase of 6.9 percent, while outpatient medical services rose by 1.2 percent