Tunisia Inflation Rate Hits Near 1-1/2-Year High

Tunisia’s annual inflation rate rose to 5.6% in September 2026 from 5.2% in August, its highest level since April 2025 and the second consecutive monthly increase. Food and non-alcoholic beverages led the increase, with inflation accelerating to 8.4% from 7.5%. Prices increased notably for poultry meat and fresh fruit (16.5% each), sheep meat (14.6%), beef (13%), vegetables (12.9%) and fresh fish (10.4%). Additional upward pressure came primarily from clothing & footwear (9.2% vs 9%); restaurants & hotels (6.5% vs 6.6%); education (5.5% vs 5.4%); miscellaneous goods & services (5.1% vs 5.2%) and housing & utilities (4.3% vs 4.3%). On a monthly basis, consumer prices increased by 0.8% in September, after rising by 0.5% in the prior month.

Tunisia's annual inflation rate accelerated for the first time in three months to 5.4% in August 2026, from July’s four-month low of 5.1%. It was the highest inflation rate since May, with food & non-alcoholic beverages making the largest contribution to inflation, rising at the fastest pace in three months (7.5% vs 6.6% in July), mainly driven by higher prices for poultry, sheep meat, fruit, beef, and fresh fish. Prices also rose at a faster pace for transportation (2.1% vs 2%), health (3.4% vs 2.7%), and restaurants & hotels (6.6% vs 6.5%), while clothing & footwear prices eased slightly (9.0% vs 9.1%). Meanwhile, core inflation, which excludes food and energy, inched up to 4.9% from 4.8% in July. On a monthly basis, the CPI climbed by 0.5%, accelerating from a 0.2% rise in the previous month and marking the fastest increase in four months.

Tunisia's annual inflation rate fell further to 5.1% in July 2026, the lowest since March, from 5.3% in the previous month. The moderation reflected slower price increases for food & non-alcholic beverages (6.6% vs 7.1% in June); transportation (2% vs 2.4%) and health (2.7% vs 2.9%). On the other hand, upward pressure came primarily from clothing & footwear (9.1% vs 9.1%) and restaurants & hotels (6.5% vs 6.3%). Meanwhile, core inflation, which excludes food and energy, edged down to 4.8% from 4.9% in June. On a monthly basis, the CPI rose by 0.2%, the same pace as in the preceding month.