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Tunisia: Inflation decreases to 5.3% in May

Tunisia’s inflation rate reached 5.3% in May, against 5.7% in April 2015, down 0.4 points. This rate is the lowest since the beginning of 2015 due to the drop in prices of the food group by 0.9 to 6.2% against 7% in January 2015, adviser to the Minister of Trade Lotfi Khdhir told TAP news agency.

Inflation rate of meat declined 0.4% in May, compared to the same period of 2014, and fish’s fell 2.9% from 8.6% last year.

Khdhir noted that the household consumer price index recorded a decline of 0.2 points to 0.4% in May 2015 against 0.6 in April 2015 and 0.8 in May 2014.

He cited, in this context, the significant drop by 50% at the price variation for the month of May 2015 compared to the same month in 2014.

The speaker said the achieved results are due, first, to the preservation of electricity, water, hydrocarbon and vegetable prices (0.2% in 2015 against 2.7 % in 2014), fruits (down 0.3% against 1.7%), and finally those of meat (down 0.4% against a rise of 0.4%).

He attributed the rate of monthly variation of the consumer price index in May 2015 (0.4%) compared to April of the same year (0.6%), mainly to the decline in the clothing group (1 9% against 5.5%) and meat (down 0.4 against 0.8%).


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