Inflation in Tunisia Soars Ahead of Ramadan: Report

Published May 14th, 2017 - 08:29 GMT
A few weeks before the month of Ramadan, a new report has shown a 11.5% rise in vegetable prices, 13.6% in edible oils, 5.8% in fish, 2.4% in milk, cheese and eggs prices, and 3.6% increase in meat prices. (Shutterstock)
A few weeks before the month of Ramadan, a new report has shown a 11.5% rise in vegetable prices, 13.6% in edible oils, 5.8% in fish, 2.4% in milk, cheese and eggs prices, and 3.6% increase in meat prices. (Shutterstock)

The inflation rate reached 5% in April 2017 after stagnating at 4.6% in January and February, followed by an increase to 4.8% in March, announced the National Institute of Statistics (INS).

This increase is the result of the acceleration in the rate of price increase (+0.9%) between the months of April and March of this year (against +0.7% during the same period in 2016) and also due the remarkable rise in the food and beverages prices (+5.2%) and the prices of clothing and footwear (+8.4%).

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A few weeks before the month of Ramadan, the INS reported an 11.5% rise in vegetable prices, 13.6% in edible oils, 5.8% in fish, 2.4% in milk, cheese and eggs prices and 3.6% increase in meat prices.

Prices for beverages have increased by 4.6% as a result of higher prices for mineral water, soft drinks and fruit juices by 6.2%.

The inflation of clothing and footwear (8.4%) was due to the increase in footwear prices by 7.6%, clothing by 8.9% and fabrics by 4.4%.

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Prices for housing, water, gas, electricity and other fuels increased 5.9% year-on-year, as a result of the 6.3% increase in rents, SONEDE's rates by 15% and electricity and gas rates by 2.8%.

Price increases are also observed in the transport group tariffs (4.8%) and also in the price of the education group (4.3%).


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