Tunisia inflation steadies at 5% – relief or a pause before renewed price pressures?

• Inflation stabilises, but disinflation momentum slows
• Central bank holds rates amid external price risks

TUNIS, TUNISIA – Tunisia’s inflation held at 5% in March, signalling stability but also exposing a slowdown in disinflation as price pressures persist beneath the surface.

Tunisia’s annual inflation rate remained unchanged at 5% in March, matching February’s figure and confirming a return to mid-single digits after years of double-digit pressures. But the stability masks a more complex story: the disinflation trend that defined 2024 and much of 2025 is now losing momentum.