HomeNewsTunisia: Inflation hits new record high to 9.1% in September

Tunisia: Inflation hits new record high to 9.1% in September

Inflation reached a record high of 9.1% in September, fromr 8.6% in August, the National Institute of Statistics (INS) announced on Wednesday, October 5, 2022.

This increase is mainly explained by the accelerated pace of price increases of food products at a rate of 13% against 11.9% in August, prices of the group “housing, water, gas, electricity and other fuels” at 6.4% against 6.2% in August as well as prices of goods and transport services at 8.3% against 8.1% in August.

Indeed, the rise in food prices (+13%) is mainly due to the increase in poultry prices by 27.4%, eggs by 25%, edible oils by 21.8% and fresh fruits by 18.2%.

As for the prices of manufactured goods, they went up 9.4% due to the increase in prices of building materials by 10.4%, clothing products by 10% and household cleaning products by 9.1%.

In services, the 6.1% year-on-year increase in prices is explained by the 9.2% rise in prices of restaurant, café and hotel services.

The core inflation rate (excluding food and energy) reached 7.3% in September, against 7.1% the previous month.

Prices of free (uncontrolled) goods rose by 10.4% year-on-year. Prices of controlled products increased by 5.2%, while free food products rose by 15.4% compared to 0.5% for controlled food products.

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