HomeNewsTunisia: Inflation rate remains high despite decrease, says economist

Tunisia: Inflation rate remains high despite decrease, says economist

Economist and accounting expert Kais Fekih spoke in Mosaique FM on Monday, February 10, about the decrease in the inflation rate to 6% in January 2025 and the slight increase of 0.4% in the consumer price index since December 2024. 

He explained that this decline is mainly due to the slowdown in the price evolution of food products, which reached 7.1% in January 2025 compared to 7.2% in December 2024, as well as the decrease in prices of clothing and footwear, which fell to 8.6% in January 2025 from 9.7% in December 2024. 

“A downward trend in inflation has been observed since the end of 2024, and its continuation confirms that we are in a dynamic of price pressure. However, the rate of 6% remains high and continues to affect Tunisian consumers,” he added. 

Regarding the persistence of rising inflation in Tunisia, Kais Fekih highlighted external factors, including imported inflation due to the increase in costs of imported materials. 

He also noted that Tunisia has paid off $1 billion in external debt. This has impacted import coverage days, which dropped to 102. The expert also mentioned the effects of wars and the coronavirus crisis. 

As for internal reasons, Fekih emphasized that the lack of liquidity is a normal phenomenon in any economy worldwide, but when it persists, it contributes to inflation.

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