The annual inflation rate in Tunisia rose to 6.7 percent in August 2019 from 6.5 percent in the previous month. Prices advanced faster mainly for alcoholic beverages & tobacco (15.2 percent vs 0.3 percent), namely tobacco (16.1 percent); food & non-alcoholic beverages (7.4 percent vs 6.5 percent in July); furnishings (8.9 percent vs 8.6 percent) and restaurants & hotels (11.1 percent vs 10.5 percent). On the other hand, inflation slowed for transport (4.8 percent vs 6.3 percent); housing & utilities (4.1 percent vs 5.1 percent); clothing & footwear (7.3 percent vs 8.5 percent) and education (6.9 percent vs 7.2 percent). On a monthly basis, consumer prices went up 0.6 percent, up from a 0.3 percent increase in the prior 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.
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 6.50 in 12 months time. In the long-term, the Tunisia Inflation Rate is projected to trend around 6.60 percent in 2020, according to our econometric models.