Tunisia posts 7.8 percent increase in inflation| MENAFN.COM

Wednesday, 01 February 2023 08:43 GMT

Tunisia posts 7.8 percent increase in inflation


(MENAFN) Tunisia has recorded an increase in the inflation rate of 7.8 percent in June, following stabilization posted in April and May at 7.7 percent.

The figures have been shown in a monthly newsletter released by the National Institute of Statistics (INS).

The inflation boost has been driven by a 9.9 percent hike in transportation costs as well as an 8.6 percent hike in food prices, the INS explained.

The INS added that meat costs have seen a 15.9 percent rise, while fruits increased by 15.4 percent, fish by 10 percent and cooking oils by 8.8 percent.

Tunisia did not experience this kind of high rate of inflation in more than seventeen years, as stated economic specialist Saad Bou Makhla.

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