The annual inflation rate in Tunisia eased to 6.8 percent in June 2019 from 7.0 percent in the prior month. It was the lowest inflation rate since February last year. Prices slowed mostly for food & non-alcoholic beverages (6.0 percent vs 7.3 percent in May); transport (9.2 percent vs 9.5 percent); clothing & footwear (8.7 percent vs 8.8 percent) and furnishings (8.9 percent vs 9.0 percent). Conversely, cost rose further for housing & utilities (5.2 percent vs 5.1 percent) and restaurants & hotels (11.1 percent vs 9.6 percent). On a monthly basis, consumer prices went up 0.3 percent, after increasing 0.5 percent in the previous month. Inflation Rate in Tunisia averaged 5.24 percent from 1963 until 2019, reaching an all time high of 16.70 percent in July of 1982 and a record low of -1.90 percent in June of 1970.
Inflation Rate in Tunisia is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Tunisia to stand at 6.50 in 12 months time. In the long-term, the Tunisia Inflation Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.