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Tunisia: domestic food price increase among slowest in Africa

With a domestic food price inflation of 11% over the period May-August 2022, compared to the same period last year, Tunisia is among the African countries where food price hikes are the least accelerated.

Nevertheless, World Bank data shows that in the Middle East and North Africa (MENA) region, Tunisia is among the economies with one of the highest food price increases, ranking seventh.

The African country with the lowest food price inflation is Benin. Indeed, the Beninese economy recorded negative inflation, a drop of 5.3% between May and August 2022, compared to the same period in 2021.

In second place is South Sudan, where food prices rose by 1.66 percent between May and August 2022, year-on-year. Libya is third (4.88%), followed by Niger (5.9%) and Tanzania (7.8%).

Namibia has the sixth lowest food inflation in Africa with an increase of 8.4 percent. Cote d’Ivoire (9%) follows suit. South Africa (9.7%) and Togo (10.22%) follow. Chad (10.84%) is in tenth place, followed by Tunisia (11%).

The increase in food prices in Tunisia remains lower than the three-digit rate in Zimbabwe (353%) or the surges observed in Ethiopia (35.5%) or Rwanda (34.4%).

Lebanon recorded the highest increase in food prices in the MENA region over the period May-August 2022 with a 240% surge. In Iran, food prices soared by more than 81% year-on-year, while in Egypt, food prices went up by more than 23%.

Food products have seen their prices jump by 17.4% in Mauritania against a 17.3% hike in Algeria. Morocco posted a 12.4% rise in food prices, ahead of Tunisia (11%).

The Kingdom of Bahrain shows the eighth highest increase in the region with a growth of 8.5%, exceeding Kuwait (7.75%) and Iraq (6.45%).

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