Inflation Egypt 2022

Average inflation: 13.8%

Current Inflation

Inflation is very high at 13.8%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 21.3%. The lowest inflation was in January at 7.2%.

Highest month
December: 21.3%
Lowest month
January: 7.2%
Difference
14.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 23.4%. The lowest price increase was in Energy with an average of 10.0%.

Highest increase
Food: 23.4%
Lowest increase
Energy: 10.0%

Historical Context

Current inflation is 4.2% higher than the 5-year average of 9.6%.

5-year average
9.6%
10-year average
12.1%
All-time high (2017)
29.6%
All-time low (2020)
5.1%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +8.6 percentage point.

Change vs. previous year
+8.6 percentage points
Largest monthly swing
December: +15.4 percentage points

ECB Target

Inflation is 11.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €113.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
23.4%
+9.6vs avg.
More details →
Energy
10.0%
-3.8vs avg.
More details →
Core inflation
14.9%
+1.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2021
January 7.2% +2.9
February 8.8% +4.3
March 10.5% +6.0
April 13.1% +9.0
May 13.5% +8.6
June 13.1% +8.1
July 13.6% +8.1
August 14.6% +9.0
September 15.1% +8.6
October 16.2% +9.9
November 18.8% +13.3
December 21.3% +15.4
Average 13.8%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also