The Executive Board of the Central Bank of Tunisia (BCT) met to review recent economic and financial developments at international and national levels, as well as inflation trends.
Despite easing in April 2025, inflation continues to exceed its long-term average.
Regarding consumer prices, April 2025 saw inflation resume its downward trajectory, reaching 5.6%, down from 5.9% the previous month, primarily due to increased demand during the month of Ramadan.
This easing was mainly due to the deceleration in core inflation, as measured by the consumer price index excluding fresh food and administered prices, which fell from 5.2% in March 2025 to 4.8% the following month.
The easing of external pressures on price formation, combined with the impact of previous monetary policy measures, has supported the continuation of the gradual disinflationary process.
Despite the easing of inflation, the Council considers it necessary to consolidate the ongoing disinflationary process and bring inflation back to its long-term average.
The Board has therefore decided to keep the Central Bank of Tunisia’s key interest rate unchanged at 7.50%.
