Tunisia

Tunisia’s central bank anticipates that the inflation rate will decrease to 6% in 2025 from 7% in 2024, although it will remain high in the short to medium term. Economic activity is expected to strengthen in the second quarter of 2024, but a rise in wages coupled with low output is projected to slow the decline in inflation. There may be “gradual” adjustments to the prices of subsidized products in the medium term, particularly if the public finances deteriorate.