The annual inflation rate in Tunisia rose to 7.5 percent in December of 2018 from 7.4 percent in the previous month. It was the highest inflation rate since August, as prices increased further for food & non-alcoholic beverages (6.2 percent from 6.0 percent in November); clothing & footwear (8.6 percent from 8.3 percent); miscellaneous goods & services (11.9 percent from 11.7 percent); and restaurant & hotels (10.0 percent from 9.6 percent). On the other hand, cost eased for transport (13.3 percent from 13.5 percent); furnishings & household equipment (9.3 percent from 9.4 percent); recreation & culture (7.5 percent from 7.8 percent); and education (8.0 percent from 8.1 percent). Additionally, inflation was steady for housing & utilities (6.1 percent, the same as in November); communication (1.0 percent); health (4.8 percent); and alcoholic beverages & tobacco (0.5 percent). On a monthly basis, consumer prices went up 0.5 percent, slowing from a 0.7 percent gain in the prior month. Inflation Rate in Tunisia averaged 5.25 percent from 1963 until 2018, reaching an all time high of 16.70 percent in July of 1982 and a record low of -1.40 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 5.80 in 12 months time. In the long-term, the Tunisia Inflation Rate is projected to trend around 6.00 percent in 2020, according to our econometric models.