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Tunisia: inflation rate down 0.2% in July

The inflation rate, which remained stable at 6.4% during the last three months, stood at 6.2% during the month of July 2013, down 0.2 points, according to the latest statistics published by the National Institute of Statistics (INS).

This decrease is due to the decline in the growth rate of prices in the food and beverages group which fell from 7.9% in June 2013 to 7.2% during the month of July 2013, year on year, in addition to the 7.2% increase of the inflation rate of food and beverages compared to the same period of 2012, due to the rise in prices of several food groups.

Meat prices rose 10%, edible oils by 16.1%, fruits and nuts 9% and milk derivatives and eggs by 7.6%.

The prices of drinks and alcoholic beverages have also recorded respective increases of 5.2% and 17.9%.

The INS also notes the 7% increase in the prices of clothing and footwear group.

Clothing prices rose 7.3% and footwear and textiles grew 6.6% and 4%.

The transport group index recorded an increase of 7.3% compared with the level recorded in July 2012.

The increase is explained by the rise in oil prices (10.2%), public and private transport services (5.6%) and cars (5%). In the same context, the price index of the housing and domestic energy group increased 6.1% compared with the same period last year, due to higher prices of electricity, gas and fuel (7.2%), rent ( 5.2%), maintenance of housing (8.9%), drinking water and sanitation (3.3%).

Apart from food and energy, inflation rose 5.3% during the month of July 2013, says the INS.

Evolution of consumer price index

The consumer price index rose 0.4% in July 2013 compared to the figure recorded in the month of June of the same year.

The INS explains this increase by the rise in prices of the index of the food and beverages group (0.5%).

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