Tunisia BCT Key Rate (%, eop)

Policy Interest Rate in Tunisia

Inflation fell to 10.1% in April from 10.3% in March, remaining close to April’s nearly 40-year high of 10.4%. Inflation should cool further by the end of 2023 on a tougher base effect, but it will likely remain above the 10-year average of 5.7% on a weaker dinar and subsidy cuts. Monetary financing is an upside risk, while commodity prices are a key factor to watch.