Tunisia keeps interest rate steady 

Tunisia’s central bank kept its benchmark interest rate unchanged at 7.5 per cent, following a 25-basis-point cut in March—its first in five years.

The decision comes as inflation continued to ease, falling to 5.4 per cent in June, the lowest level since 2019. The government expects average inflation to decline further to 6.2 per cent in 2025, down from 7 per cent in 2024.

Despite the improvement in price stability, Tunisia’s trade deficit widened to $3.46 billion in the first half of 2025, compared to $2.79 billion during the same period last year. This contributed to a deeper current account deficit, which rose to 1.9 per cent of GDP from 1.2 per cent a year earlier.

Attribution: Reuters

Subediting: M. S. Salama