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Tunisia: inflation peaks to 6.9% in January

The inflation rate hit a new record high in January. It stood at 6.9%, its highest level since 1991, according to the National Institute of Statistics (INS)

This acceleration is the result of the increase recorded in all goods and services, explains the INS.

In January 2018, consumer prices rose by 1.1% after + 0.4% in December. This increase is due to fuel price increases by 2.7% and food prices by 1.1%.

The prices of the health group rose by 1.1%. On the other hand, the prices of clothing products fall back due to the beginning of winter sales.

Over one month, food prices rose sharply by 1.1% as prices increased for most products except fresh vegetables.

As for transportation, they went up by 2.7% in January 2018 due to the 2.9% increase in fuel prices. Prices for cars and spare parts grew by 3.8%.

Health group prices went up by 1.1% in one month, due to the 1.1% rise in pharmaceutical prices and 1.5% increase in outpatient prices.

Similarly, manufactured goods prices rose 1.6% due to higher building materials prices by 3.8%, cleaning products by 2.0% and household equipment by 1.8%.

On the other hand, prices of clothing products fell by 0.3% compared to 1.3% the previous month due to the beginning of the winter sales.

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