Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

INS: Tunisia's Inflation Rate Steadies at 7.5%


Sun 07 Apr 2024 | 04:57 AM
Taarek Refaat

Official data showed that the inflation rate in Tunisia stabilized at 7.5% in March.

The National Institute of Government Statistics (INS) said, “The inflation rate was stable at 7.5% in March,” attributing this to the stability of the rate of rise in food prices to 10.2% in March, compared to the same rate in February.

Last March, the Central Bank kept the interest rate unchanged at 8% and said, “Consumer price expectations indicate a continued gradual decline in inflation, as it is expected to reach about 7% on average in 2024, compared to 9.3% in 2023,” according to the Arab world News Agency. 

The future path of inflation is still fraught with risks, as a result of the rise in global prices, in light of the escalation of geopolitical tension, the worsening water scarcity, and the increasing pressures on public finances."