Tunisia's annual inflation rate dropped to 6.1 percent in December 2019 from 6.3 percent in the previous month. It was the lowest inflation rate since December 2017, as prices slowed mostly for food & non-alcoholic beverages (5.8 percent vs 6.3 percent in November), in particular due to olive oil (-8.4 percent); transport (2.2 percent vs 2.9 percent) and recreation & culture (5 percent vs 5.4 percent). Meantime, inflation was steady for housing & utilities (at 4.2 percent); miscellaneous goods & services (at 10.1 percent); alcoholic beverages & tobacco (at 22.4 percent) and clothing & footwear (at 7.3 percent). On a monthly basis, consumer prices went up 0.3 percent, easing slightly from a 0.4 percent increase in the previous month.
Inflation Rate in Tunisia averaged 5.25 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. This page provides - Tunisia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Inflation Rate in Tunisia is expected to be 6.10 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 6.20 in 12 months time. In the long-term, the Tunisia Inflation Rate is projected to trend around 5.90 percent in 2020, according to our econometric models.