Inflation Tunisia 2023

Average inflation: 9.3%

Current Inflation

Inflation is very high at 9.3%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 10.4%. The lowest inflation was in December at 8.1%.

Highest month
February: 10.4%
Lowest month
December: 8.1%
Difference
2.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 14.4%. The lowest price increase was in Energy with an average of 5.7%.

Highest increase
Food: 14.4%
Lowest increase
Energy: 5.7%

Historical Context

Current inflation is 2.2% higher than the 5-year average of 7.1%. This approaches the highest level since records began (9.3% in 2023).

5-year average
7.1%
10-year average
6.1%
All-time high (2023)
9.3%
All-time low (2007)
3%

Trend

Inflation shows an upward trend. Compared to 2022, inflation has risen by +1.0 percentage point.

Change vs. previous year
+1.0 percentage points
Largest monthly swing
January: +3.6 percentage points

ECB Target

Inflation is 7.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €109.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2023

Inflation by category

Food
14.4%
+5.1vs avg.
More details →
Energy
5.7%
-3.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2022
January 10.2% +3.6
February 10.4% +3.3
March 10.3% +3.1
April 10.1% +2.6
May 9.6% +1.7
June 9.4% +1.4
July 9.1% +0.9
August 9.2% +0.5
September 8.9% -0.2
October 8.7% -0.6
November 8.2% -1.6
December 8.1% -2.0
Average 9.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also