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Egypt’s M2 money supply growth eased to 18.70% year-over-year in January 2026, down from 20.50% in December 2025, according to the latest data updated on 1 March 2026.
Both figures reflect year-over-year comparisons, measuring how the money supply changed relative to the same month a year earlier. The December reading showed a 20.50% increase versus December a year before, while January’s 18.70% indicates a moderation in the pace of monetary expansion compared with January of the previous year.
The deceleration in M2 growth may signal a shift in underlying liquidity conditions in Egypt’s financial system at the start of 2026. Investors and analysts will be watching upcoming releases closely to see whether this slowdown marks the beginning of a more sustained trend in monetary dynamics.