Last Update 0:25
Wednesday, 13 November 2019

Tunisia inflation sees annual rise of 5.5 pct by end April

Spiralling food and clothing costs are speeding inflation, says statistics institute

Reuters, Wednesday 9 May 2012
Share/Bookmark
Views: 631
Share/Bookmark
Views: 631

Tunisia's inflation rate rose to 5.5 per cent in the first four months of 2012 from 3.1 per cent in the same period last year, driven largely by a rise in the price of food and clothing, the National Statistics Institute said on Tuesday.

Inflation in April reached 5.7 per cent, up from 5.4 per cent the previous month and 3 per cent in the same month of 2011, it said. Apart from food and clothing, price rises in April were driven by increases in the cost of tobacco and education, increasing strains on families at a time of rising unemployment.
 
Tunisia's economy is still struggling to recover from last year's revolution, which ousted veteran leader Zine Al-Abidine Ben Ali and sparked the Arab Spring protests.
 
Those protests were largely sparked by economic malaise that has shown little sign of improving since the uprising.
 
The economy shrank 2.2 per cent last year and the government has forecast 3.5 per cent growth in 2012.
Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.