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Sunday 13 June 2021
HomeNewsTunisia: inflation hits record of 7.6%!

Tunisia: inflation hits record of 7.6%!

Consumer prices rose 0.7% in March 2018, after falling 0.1% the previous month.

This increase is mainly due to higher prices for food, textile products and transportation.

In one month, food prices rose by 1.1% as poultry prices rose by 4.2%, fresh fruit by 2.5% and beef by 2.4%.

In March, prices for clothing products rose 0.9%, compared with a 3.7% drop the month before.

This increase is linked to the end of the winter sales. Prices for clothing items increased by 1.0% and shoes by 0.7%.

Transportation prices went up by 0.8% due to vehicle price increases by 1.2% and vehicle utilization expenses by 0.2%.

Also in March 2018, prices for miscellaneous goods and services grew 0.8% due to higher prices for personal care products and services by 1.1%.

Prices for restaurant and hotel services rose 0.6% as restaurant and café service prices rose 0.5% and hotel service prices 0.9%.

In March 2018, consumer prices rose by 7.6% year-on-year

The rate of inflation increases to 7.6% against 7.1% the previous month and 6.9% in January.

This increase comes from the acceleration of food prices (8.7% vs. 7.7%) and clothing prices (8.0% vs. 6.9%).

In March 2018, food prices increased by 8.0% year-on-year (7.7% in February).

This rate of 8.0% is explained by the increase in fruit prices by 23.4%, edible oils by 13.7%, fish by 10.4% and meat by 9.7%.

Non-fresh food prices were up 7.0% year-on-year.

Over one year, transportation prices increased by 10% due to higher vehicle prices by 16.6% and spare parts prices by 10%.

On a year-over-year basis, housing, water, gas and other fuels prices rose by 4.4% as a result of the 4.5% increase in rental services prices and housekeeping and repair prices, and more particularly construction materials by 15.3%.

The core inflation rate (all without food and beverages and excluding energy) stands at 7.4% compared to 7.0% in February 2018.

The prices of free products (not administered) went up 8.5% compared with 4.5% for administered prices.

Free food products increased by 9.9% compared to 2.2% for administered products

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