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Friday 17 September 2021
HomeNewsTunisia: Inflation reaches 7.7% in April, food prices soar

Tunisia: Inflation reaches 7.7% in April, food prices soar

Inflation keeps climbing, ending the month of April at 7.7% against 7.6% recorded the previous month and 7.1% in February, according to the latest figures published by the National Institute of Statistics (INS).

This rise is mainly explained by the increase in food prices of 8.9% and transportation by 10.5% year-on-year.

Accelerated food prices

In April 2018, food prices rose by 8.9% year-on-year (8.7% in March) following the increase in fruit prices by 23.8%, edible oils by 13.1%, fish by 12.4% and meat 12.3%.

Increase in transport prices

Over one year, transportation prices grew by 15.5% due to vehicle price increases by 16.6% and vehicle utilization expenses by 12.1%.

Higher prices for various goods and services

Prices for miscellaneous goods and services went up 10.2% year-over-year, as personal prices rose by 10.5%, insurance by 9.3% and financial services by 7.5%.

Core inflation and inflation of administered products

The core inflation rate (all without food and drinks and excluding energy) is 7.4%. Prices of free products (non-administered) went up by 8.6% against 4.7% for administered prices. Free food products increased by 10.1%, compared with 2.3% for administered products.

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