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HomeNewsTunisia: inflation edges up 0.4% to 4.2% in September

Tunisia: inflation edges up 0.4% to 4.2% in September

The inflation rate rose to 4, 2% in the month of September 2016, up 0.4 points compared to August 2016 (3, 8%), resuming its upward trend since the beginning of 2016, according to the latest statistics published by the National Statistics Institute (INS).

From the beginning of the year, the inflation rate has decreased only in the course of July.

This increase is mainly due to rising prices of clothing and footwear group from 5.1% in August 2016 to 9.3% in September.

According to INS, this rise is mainly explained by the end of the summer sales season two weeks before their usual date last year.

Prices of clothing and footwear group grew by 9.3% in comparison with September of the previous year.

The alcoholic beverages and tobacco group decreased by 0.6% in annual shift, following a 7.5% drop in prices of alcoholic beverages.

In the same context, the index of housing and domestic energy group rose 9.5% compared with the same month of the previous year, due to a 15.5% increase in prices of drinking water and sanitation, after the recent price hike.

Moreover, the index of rental prices was up 7.5%. The increase has also affected prices of construction materials and housing maintenance (0.9%).

In addition, the transportation group edged up 2.5% in September 2016. Car prices rose 5.8% along with those of their maintenance which grew by 0.5%, in addition to those of public and private transport services (2.5%).

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