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World

Tunisia April inflation at 6.4pc

Published May 4, 2013 Updated May 4, 2013 12:42pm

imageTUNIS: Tunisia's consumer price inflation fell slightly to 6.4 percent in April from 6.5 percent in March, official data showed on Saturday.

Food and drink prices reached 8.2 percent year-on-year, while clothing and footwear gained 7.2 percent.

Tunisia's consumer price inflation jumped to 6.5 percent in March, the highest rate in at least five years, from 5.8 percent in February.

Rising inflation may add to pressure on the government of Prime Minister Ali Larayedh as it struggles to restore stability after the February assassination of an opposition politician.

In addition to high food prices, the economy is struggling because of the debt crisis in the euro zone, the main market for Tunisia's exports and the source of most of its tourists.

The central bank is not aiming for a particular inflation rate but the most that should be tolerated is 5 percent, central bank governor Chadli Ayari told Reuters last October.

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