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Inflation rate slightly edges up to 7% in May (INS).

05/06/2019 17:04, TUNIS/Tunisia

(TAP) - The inflation rate reached 7% in May against 6.9% and 7.1% in April and March, respectively, according to data provided by the National Institute of Statistics (INS).

This return to a rise following successive drops is mainly due to an acceleration in the pace of the annual price increases of foodstuff.

The prices of foodstuffs recorded a 7.3% rise in May 2019 in one year against 6.6% in April. This increase is explained by the rise in the prices of eggs (26.6%), fresh vegetables (15.8%), dairy products (10.4%) and meat (7.4%). The prices of foodstuffs, excluding fresh products, also edged up to 5.7% in one year.

Over a year, the prices of transport rose by 9.8% due to the increase of the vehicles' prices (8.1%) and the costs of vehicle use (spare parts and fuel) by 11.1% and transport services by 8.4%.

The core inflation rate (excluding food and energy products) dropped to 6.7% against 6.8% in April 2019.

The prices of free products (non-administrated) rose by 7.8% against 4.5% for the administrated ones. The free food products also recorded an 8.3% rise against 2.3% for administrated food products.

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Publication:Agency Tunis Afrique Press
Date:Jun 5, 2019
Words:226
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