Egypt and Iran report divergent market conditions amid seasonal shifts and sanctions

In Egypt, Hazem Al-Menoufy of the Food Commodities Division at the Federation of Egyptian Chambers of Commerce reported market stability and increased commercial activity following the Prophet's Birthday season. He noted that diverse product availability and price competition have helped stabilize the market. Preparations are also underway for the 2026/2027 school year, with retailers increasing stocks of essential items such as juices, dairy, snacks, and sandwich ingredients to prevent supply shortages.

In Iran, markets are reacting to new United States economic sanctions. While food supplies remain available on shelves, local merchants and citizens report a significant decline in purchasing power due to the erosion of the national currency. Although immediate spikes in food prices have been mitigated by government controls, there are concerns that continued economic pressure and potential fuel price increases could accelerate inflation and further impact the national economy.