Sun. Sep 8th, 2024

The consumer price inflation rate in Tunisia rose slightly to 7.3% on an annual basis last June, compared to 7.2% the previous May, according to data published by the National Institute of Statistics.

The institute attributed the increase in annual inflation to the acceleration of the rise in prices of the food and beverage group, which recorded an increase of 10.1% in June, compared to 9.7% in May.

On the other hand, the rate of price increases for the group of restaurant, hotel and café services declined to 9.9% in June, compared to 10.2% in May.

This comes in light of the stability of the main interest rate at 8%, according to the decision of the Central Bank of Tunisia issued last month, as the Tunisian government seeks to curb inflation and restore the downward path of consumer prices.

Tunisia recorded its highest inflation rate in thirty years in February 2023, at 10.4%, according to historical data on consumer price inflation recorded in the country.

The country is suffering from a severe economic crisis, exacerbated by the repercussions of the Corona pandemic and the high cost of importing energy and basic materials.

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