What happened to inflation in four North African economies

Egypt’s rate dropped by almost 20 points

The annual rate eased from 33.88% in 2023 to 28.27% in 2024 and 14.07% in 2025. Consumer prices still rose in 2025. The lower figure records a slower pace of increase, which can leave households facing substantially higher prices than a few years earlier. Source 1

Morocco recorded the lowest 2025 rate of the four

Morocco’s estimate went from 6.09% in 2023 to 0.99% in 2024 and 0.70% in 2025. Algeria moved from 9.32% in 2023 to 1.42% in 2025. Tunisia’s rate fell over the same period but remained above 5%. Source 1

The index measures a basket of goods and services

Each national index tracks changes in the cost of a basket using spending weights. A household that spends more than the benchmark share on transport or food can experience a different rate of inflation from the national figure. Source 3

Use index levels to calculate cumulative changes

Annual percentage changes can be compounded to compare prices across multiple years. A pair of 10% increases raises an index from 100 to 121. Comparing the absolute prices of groceries or rent across countries takes a separate price-level dataset. Source 3

Sources

• IMF International Financial Statistics via World Bank WDI
• World Bank data API, selected countries
• World Bank CPI inflation definition and IMF attribution