Tunisia’s CPI inflation holds at 4.2% y/y in September

By bne IntelliNews October 6, 2015

Tunisia’s CPI inflation remained at a three-year low of 4.2% y/y September, the same as a month earlier as a mild increase in food prices was mitigated by slowing housing costs, falling telecom charges and stabilising transport prices, the statistics office INS said.

In monthly terms, the CPI rose 0.3% in September, inching up from a marginal 0.1% m/m rise in August. Excluding energy prices, the CPI inflation reached 4.5% y/y in September. Excluding food and energy, the CPI stood at 4.8% y/y.

Food prices grew 0.7% m/m in September lifting the annual growth to 4.0% from 3.7% y/y in August.

Fresh vegetables grew 4.0% m/m during the month and those of fresh fruits rose 2.4% m/m.

Housing and utilities prices (14% of the basket) ticked up just 0.1% m/m, cutting the annual rise to 5.5% from 5.8% y/y in August. Rents charges climbed 7.7% y/y in September while those of utilities edged up 0.3% on falling energy costs.

Transport prices edged up a marginal 0.2% m/m in September, sending the annual rise to 1.6% from 1.5% y/y in August. Falling foreign tourist arrivals partially offset the strong local demand as restaurant and hotels prices grew 8.5% y/y, slowing from 9.4% y/y in August.

    Sept-14 Aug-15 Sept-15
CPI (y/y)   5,6% 4,2% 4,2%
Food/beverages   6,3% 3,7% 4,0%
Tobacco   12,0% 0,3% 0,4%
Clothing/Footwear   6,7% 6,4% 6,7%
Housing/utilities   6,3% 5,8% 5,5%
Furniture/equipments   5,2% 5,7% 5,9%
Health   1,9% 3,4% 3,0%
Transport   3,3% 1,5% 1,6%
Communications   -2,3% -2,5% -2,4%
Recreation/culture   3,8% 3,4% 3,1%
Education   3,2% 4,8% 6,4%
Rest/Hotels   10,0% 9,4% 8,5%
Other serivces   5,7% 6,5% 6,6%
Source: INS        

Related Articles

UAE’s Masdar, Uzbekhydroenergo partner up to evaluate potential of national hydro power storage

United Arab Emirates renewable energy company Masdar has partnered with Uzbekhydroenergo to evaluate the potential of national hydroelectric power storage projects. Masdar and Uzbekhydroenergo, a ... more

Morocco allocates 10,000 sq km to green hydrogen projects

The Moroccan government plans to allocate 10,000 square kilometres to green hydrogen projects as it continues its steps towards energy transition, according to a statement from the cabinet on March ... more

Egypt's president approves $5.8bn social protection package

Egyptian President Abdul Fattah El Sisi has announced an urgent EGP 180bn ($5.82bn) social stimulus package to be implemented starting in March.  The announcement on Wednesday ... more

Dismiss