IMF points to greater price pressures in Tunisia

The fund and national authorities agree on policies to complete fourth review of support programme

The International Monetary Fund
Photo: Henrik Gschwindt de Gyor/IMF

The International Monetary Fund says the Tunisian economy is facing price pressures that could boost inflation again, after the improvement recorded in July, and require tighter monetary policy.

The consumer price index increased by 7.5% year-on-year in July, down from 7.8% in June. This decline coincided with an acceleration of growth in the first six months of the year to 2.6% of GDP, up from 1.9% in 2017.

These improvements allowed the Central Bank of Tunisia to hold the key policy rate at

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