Market Prices on the Rise: Authorities Respond with Measures to Stabilize the Market
In the market aisles, the situation has been the same for several days. Prices have risen, fueling consumer concern. Behind this increase, the authorities cite a particular circumstance, marked by a slowdown in the activity of certain suppliers after Eid al-Fitr and an overlap of agricultural seasons that reduced available quantities.
Recovery in Sight
However, little by little, the stalls are regaining their colors. Since last week, supply chains have been reestablished, and markets have begun to resume their usual rhythm, according to the Ministry of Commerce.
Authorities' Response to Price Hike
In the face of this price surge, the authorities' initial response was to set price ceilings, hoping to preserve a fragile balance between producers and consumers. However, this measure has not been sufficient to contain the increase. The ministry has since changed its approach, opting for a reduction in profit margins to directly influence prices.
Importation and Support for Local Production
At the same time, imports have been intensified. Poultry and hatching eggs have been injected into the market to fill the gap and restore a certain balance between supply and demand.
Red Meat: A More Challenging Situation
The situation remains more tense on the front of red meat. The authorities acknowledge a deficit and are attempting to address it through a dual approach: supporting local production through the Meat Society and resorting to imports. With the approach of Eid al-Adha, contracts have been signed for the importation of sheep under strict veterinary control, while around 3,000 heads from local breeding will be offered.
Reassurance from the Ministry
Despite these tensions, the ministry aims to be reassuring. Strategic stocks of basic products are deemed sufficient, covering several months of consumption according to the sectors. This is enough to rule out, for the time being, the specter of shortages.
Looking Ahead: Free Trade Zone and Export Strategy
Beyond immediate management, the authorities are looking to the future. The free trade zone project, whose external amenities are complete, is expected to soon enter a new phase. Designed as a bridge to African markets, it aims to strengthen the presence of Tunisian products on the continent.
Export Strategy
In parallel, an export strategy is taking shape, with a particular emphasis on flagship products like olive oil and dates, destined for Asian and American markets. The performance of Tunisian companies in these sectors is deemed encouraging.
