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Tunisia’s trade deficit drops to $3.9 billion in 8 months

The data attributed this decline to the growth of Tunisian exports by 2.1 percent during the same period, driven in particular by exports of olive oil and agricultural and food products, to reach a total of 41.5 billion Tunisian dinars (about 13.5 billion dollars).

Tunisian imports also witnessed a growth of 1.1 percent due to the increase in imports of the energy sector and consumer goods, reaching 53.4 billion Tunisian dinars ($17.5 billion).

This resulted in a deficit in trade exchanges in Tunisia Worth $3.9 billion, compared to about $4 billion in the same period in 2023.

The annual inflation rate in Tunisia declined during last August for the second month in a row, recording 6.7 percent, according to figures published by the National Institute of Statistics.

The inflation rate in July fell to 7 percent on an annual basis, after recording 7.3 percent in June.

The Statistical Institute attributed the decline in the annual inflation rate, despite the monthly increase in prices, mainly to the slowdown in the pace of food group price increases (8.5 percent in August compared to 9.4 percent last July).



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