The Annual inflation rates in Tunisia stabilized at 7.2 percent

The Annual inflation rates in Tunisia stabilized at 7.2 percent last May, unchanged from the previous April figures.

This came in a statement issued by the National Institute of Statistics in Tunisia on Thursday, in which it said that stability resulted from the rise in prices of major groups and the decline of other groups.

The institute stated that there was an increase in the prices of the food group on an annual basis to 9.7 percent during May, up from 9.2 percent in the previous April.

On the other hand, the prices of the clothing and footwear group fell to 9.5 percent in May compared to 9.7 percent in April, and the prices of the restaurant, cafe and hotel services group fell to 10.2 percent from 10.4 percent.

Core inflation in the country (excluding energy and food) reached 6.8 percent last month, down from 6.9 percent in April.

In March 2024, the Central Bank of Tunisia said that it had left the key interest rate unchanged at 8 percent, a high level at which the government is looking to restore the downward path of consumer prices.

In February 2023, inflation reached a 30-year peak at 10.4 percent, according to historical data on consumer price inflation recorded in the country.

The country suffered from a severe economic crisis, exacerbated by the repercussions of the outbreak of the Corona pandemic, and then the high cost of importing energy and basic materials, after the outbreak of war in Ukraine on February 24, 2022.

The Tunisia national team is preparing to face Namibia in the 2026 World Cup qualifiers