The evolution of the general price index in annual shift recorded a sharp slowdown in July 2015 and inflation fell from 5% in June to 4.2%, the Central Bank of Tunisia (BCT) said after its Executive Board meeting Thursday.
This slowdown has affected the price index of controlled products (2.6% against 4.5%), which suffered material base effect resulting from the increase in July 2014 of tobacco prices by 10.5% and fuels by 6.4%. For its part, the increase in prices of free products continued its downward trend falling gradually from 5.9% in April to 4.7% in July.
EVOLUTION OF INFLATION
In terms of core inflation, prices excluding fresh and controlled products maintained their pace of growth in July 2015, i.e. 5.3%. For their part, prices of capital goods excluding food and energy have experienced a slowdown in their growth rate, dropping to 4.7% in July against 5.1% the previous month.
