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Tunisia’s Inflation Drops to 7% in 2024

Tunisia’s inflation rate dropped to 7% in 2024, down from 9.3% in 2023, according to the National Institute of Statistics (INS). Inflation in December slowed to 6.2%, compared to 6.6% in November.

Lower pressure on food prices contributed to the decline, with food costs rising by 7.2% for the year, a slower pace than previous months. Lamb meat (21.3%), poultry (19.7%), and dried fruits (14.8%) led the increases, while oil prices fell by 8.3%.

Manufactured goods rose 6.1%, driven by higher clothing and footwear prices (9.7%), while services increased by 5.4%, mainly in restaurants, cafes, and hotels (11.7%).

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