HomeNewsInflation falls back to 9% in September, its lowest level for a...

Inflation falls back to 9% in September, its lowest level for a year

After a one-off rise in August, inflation fell back to 9% in September (from 9.3% in August), the National Statistics Institute (INS) announced on Thursday, October. This is the lowest level since August 2022, when it reached 4.1%.This fall in inflation, despite the monthly increase, is due to the slowdown in the rate of price increases between September and August this year compared with the same period last year, the Institute explained.In fact, the annual rate of increase in the ‘Food’ group slowed from 15.3% to 13.9% and in the ‘Hotels and restaurants’ group from 11.5% to 10.5%. In contrast, the price of tobacco accelerated in September, rising from 4.4% to 9.2%.In detail, the increase in food prices was mainly due to a 35% rise in coffee powder, a 33.7% rise in eggs, a 31.7% rise in sheep meat and a 26% rise in cooking oil.The price of intermediate goods rose by 7.9%, due to a 6.1% increase in the price of building materials, a 9.4% increase in the price of clothing and an 8.4% increase in the price of household cleaning products.In services, prices rose by 6.3% year-on-year, mainly due to a 10.5% increase in the price of restaurants, cafés and hotels, a 13.1% increase in the price of public and private transport, a 13.3% increase in the price of financial services and a 5.1% increase in the price of insurance services.Core inflationCore inflation (excluding food and energy) rose to 7.4% from 7.2% in August. Prices for unregulated products rose by 9.9% year-on-year.Prices for regulated went up by 5.7%, while unregulated food rose by 15.9%, compared with 2.1% for regulated food.Tourism revenues in Tunisia reached 5.8 billion dinars, at the end of the first nine months of the current year, according to figures from the Central Bank of Tunisia (BCT).This represents growth of 42% compared with the 4.1 billion dinars generated during the same period last year, an increase of 1.7 billion dinars.Expressed in euros, tourist receipts amounted to 1.73 billion euros (average monthly rate on the interbank market over the nine months of the year: 1 euro = 3.3528 dinars).

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

MOST POPULAR

HOT NEWS