The annual inflation rate in Tunisia ticked up to 7.3 percent in February 2019 from 7.1 percent in the prior month. Prices rose faster mainly for food & non-alcoholic beverages (8.2 percent vs 7.1 percent in January); furnishings (9.5 percent vs 9.0 percent); health (4.7 percent vs 4.6 percent) and miscellaneous goods & services (11.2 percent vs 10.9 percent). On the other hand, cost slowed a bit for transport (10.1 percent vs 10.2 percent); clothing & footwear (8.4 percent vs 9.4 percent); restaurants & hotels (8.5 percent vs 8.6 percent) and recreation & culture (4.3 percent vs 6.2 percent). Meantime, inflation remained steady for housing & utilities (at 5.2 percent). On a monthly basis, consumer prices edged up 0.1 percent, after increasing 0.8 percent in the previous month. Inflation Rate in Tunisia averaged 5.23 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 7.00 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 6.90 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.