Skip to content Skip to Search
Skip navigation

Tunisia’s annual inflation rises to 8.6% in August 2022

By Pramod Kumar
Creative Commons
The core inflation rate, excluding food and energy, climbed to 7.1 percent in August from 6.8 percent in July

Tunisia’s annual inflation jumped to 8.6 percent in August 2022 from 8.2 percent in July 2022, Agence Tunis Afrique Presse reported, citing the National Statistics Institute. 

Food prices went up 11.9 percent in August year-on-year, mainly due to the price rise of eggs, poultry, edible oils, fresh fruits and vegetables.

The core inflation rate, excluding food and energy, climbed to 7.1 percent in August from 6.8 percent in July. Prices of free products (not regulated) grew 9.8 percent over one year.  

Consumer prices increased in August by 0.4 percent, from one percent in the previous month, driven by a rise in the cost of food and beverage products and educational products and services.

In May, Tunisia’s central bank raised its key interest rate by 75 basis points to seven percent to tame inflation.  

Latest articles

TotalEnergies Iraq

TotalEnergies targets 2025 for first phase of Iraq projects

France’s TotalEnergies aims to complete the first phase of a solar power project and the initial phase of the associated gas project in Iraq in 2025, its chief executive Patrick Pouyanné has said. Pouyanné met with the Iraqi prime minister, Mohammed Shia Al-Sudani, on the sidelines of the World Economic Forum in Riyadh, the Iraqi […]

Neom credit

Neom secures $2.7bn as minister admits ‘adjustments’

Saudi Arabia’s $500 billion giga-project Neom has secured new funding as the kingdom’s officials admit some of its Vision 2030 projects may have to be scaled back. The SAR10 billion ($2.7 billion) revolving credit facility, obtained from nine Saudi-listed banks, will support short-term financing requirements for projects such as Trojena, The Line, and Oxagon, Neom said […]

Al Rajhi Bank’s total operating income increased 6.6 percent annually

Al Rajhi Bank Q1 profit up 6% as operating income rises

The net profit of Al Rajhi Bank, the second-largest lender by assets in Saudi Arabia, rose 6 percent year on year to SAR4.4 billion ($1.2 billion) in the first quarter of 2024, driven by higher operating income. Total operating income increased 6.6 percent annually due to a rise in net financing and investment income.  Total operating expenses, […]

Tunisair passenger numbers were up slightly in the first quarter of 2024

Tunisair reports ‘steady’ revenue rise in first quarter

Tunisian national flag carrier Tunisair has reported a “steady” start to the year with a 5.6 percent increase in revenue for the first quarter. The airline is attempting to restructure in order to resolve legacy financial difficulties and refresh its fleet. Revenues rose to TND 316 million ($100 million) at the end of March, according […]