Consumer Price Index is expected to increase from March as some categories bounce back from an unusually soft reading. Tariffs aren't yet expected to be a big factor. Fitch Ratings Chief Economist Brian Coulton said it's "a bit early to see firm evidence of tariff hikes in the April CPI data.

Egypt's annual urban consumer price inflation accelerated to 13.9% in April from 13.6% in March, matching analyst expectations, data from statistics agency CAPMAS showed on Saturday. Month on month, prices were 1.

Egypt's inflation inched up in April, the second consecutive month it has posted an increase, driven by a rise in food and beverages and a cut in fuel subsidies required under an International Monetary Fund programme.