The central bank of Tunisia lifted its key interest rate by 100 bps to 7.75 percent in February 19th 2019, amid persisting inflationary pressures. The annual inflation rate eased to 7.1 percent in January 2019 from 7.5 percent in December and averaged 7.3 percent in 2018. Despite this, the bank showed strong concerns about the inflation outlook, particularly core inflation that is expected to continue its upward trend. Interest Rate in Tunisia averaged 4.71 percent from 2006 until 2019, reaching an all time high of 7.75 percent in February of 2019 and a record low of 3.50 percent in September of 2011.
Interest Rate in Tunisia is expected to be 7.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Tunisia to stand at 7.75 in 12 months time. In the long-term, the Tunisia Interest Rate is projected to trend around 7.75 percent in 2020, according to our econometric models.