Tunisia's annual inflation dropped further to 5.7 percent in July of 2020 from 5.8 percent in the prior month. It was the lowest inflation rate since October of 2017, mainly due to a slowdown in prices of food & non-alcoholic beverages & tobacco (4 percent vs 4.3 percent in June) and transport (1.4 percent vs 1.6 percent). Meantime, inflation was steady for housing & utilities (at 5.2 percent); clothing & footwear (at 7.2 percent); furnishings (at 6.7 percent) and recreation & culture (at 3.3 percent). On a monthly basis, consumer prices were up 0.2 percent, after decreasing 0.1 percent in the preceding month.
Inflation Rate in Tunisia averaged 5.26 percent from 1963 until 2020, 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. Tunisia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Inflation Rate in Tunisia is expected to be 6.80 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 7.00 in 12 months time. In the long-term, the Tunisia Inflation Rate is projected to trend around 7.00 percent in 2021 and 6.50 percent in 2022, according to our econometric models.