Inflation Rate in Tunisia for 2025
The National Institute of Statistics (INS) has just confirmed the estimates put forward by the Central Bank of Tunisia in its latest statement: the inflation rate for the entire year of 2025 stood at 5.3%, compared to 7% in 2024.
Monthly Inflation Rate
For the month of December, the inflation rate increased by 20 basis points compared to the end of November. This rise is mainly due to the increase in prices of the "Clothing and Footwear" group (+1.7%) and the "Restaurant, Café, and Hotel Services" group (+0.6%), while food prices decreased by 0.2%. On an annual basis, inflation stabilized at 4.9% compared to November. Food prices accelerated by 6.1%. The upward trend affected lamb meat by 17.3%, fresh fruits by 16%, fresh vegetables by 14%, beef by 10.6%, and fresh fish by 9.9%. In contrast, food oil prices fell by 14.8%.
Annual Price Changes
Over the past year, manufactured product prices have increased by 4.9% due to the rise in clothing and footwear prices by 9.1% and household maintenance products by 5.1%. For services, the price increase is 3.9% over the past year, mainly explained by the increase in accommodation prices by 11.6%.
Underlying Inflation Rate
The underlying inflation rate (excluding food and energy products) decreased to 4.9% after 5% the previous month. Free prices show an increase of 6.1% over the year, while framed prices increase by 0.8%. Free food prices have risen by 7% compared to 0.3% for framed food prices.
Conclusion
These figures confirm that there is a certain deceleration of inflation, but the pressure on food products remains high. This is the biggest risk in the medium term.
