19 April 2013 11:12 am | | 1


Share     Share       Share     Share  

Tunis Food Price Control

A supermarket in Tunis. Image courtesy Babnet.

The Tunisian government announced yesterday a set of new price controls that will reduce prices of staple foods. The policy change will take effect on Monday, according to state press agency TAP.

The price controls will be implemented, depending on the product, either through setting maximum legal prices or regulating the profit margin permissible for producers of certain goods.

The products covered by yesterday’s decision are bottled water, eggs, potatoes, tuna, vegetable oils, cheese, and other dairy products. Prices on personal hygiene and health products will also be cut.

The price controls may allay some consumer concerns about the state of the economy. Inflation has been very high in Tunisia since the January 2011 revolution, now reaching 6.5 percent, according to Trading Economics. This is the highest inflation rate in 16 years. The unemployment rate, while falling over the past several months, still remains over 16 percent.

The new controls will result in price drops ranging from five percent for dairy products to 40 percent for potatoes, according to news agency AFP.

Share     Share       Share     Share  

  From the same category

            

Switzerland to Return $40 Million in Ben Ali Assets to Tunisia

Economy to ‘Remain Tough,’ 2015 to Be Worse, Says Government

Tunisia Pitches Development Projects to Arab Funders

Private Airline to Start Flights to New York

            

Ben Ali Family’s Corrupt Grasp on Tunisian Economy Detailed in New Report

New 5 Dinar Bill Replaces Last Ben Ali Banknote

African Development Bank Maintains $2.1 Billion in Support for Tunisia

Despite Possible Price Increase, Beer Drinkers Say They Will Keep Drinking

            

Elimination of Cement Subsidies Could Raise Construction Costs

Union and Government Discuss Potential Minimum Wage Increase

Protesting Police Officers Block Traffic at Major Tunis Roundabout

Bahrain Bank Funding New Three Billion Dollar Investment Center in Tunisia


Comments (1)

Trackback URL | Comments RSS Feed

  1. Alan says:

    Long Overdue – so many Tunisian famillies are struggling with the essentials. I notice everytime I visit – even after 2 months prices go up.

Leave Feedback


  Follow us

Connect on YouTube Connect on Google+ Connect to itunes Subscribe via RSS Feed



  Latest Videos


Play Video

Motocross Racers in the Forests of Bizerte, Tunisia

Bizerte, the northernmost city in Africa, hosted the fourth round of the...

Play Video

Endangered Whale Brought Ashore in Tunis Suburb

Onlookers in the popular tourist spot of Sidi Bou Said, near Tunis,...

Play Video

'Kima Enti:' Mixing Tunisian Traditions With Modern Design

"Kima Enti" is a hand-made art and design project launched by independent...

Play Video

One-Year Anniversary of Chokri Belaid's Death

On February 6, 2014, family and supporters of slain Tunisian politician Chokri...

Play Video

Klay BBJ explains his arrest

Tunisia Live's Nissaf Slama interviews rapper Klay BBJ on his music, arrest,...



Tabbed Structure - Regular
UGTT Union Nominated for Nobel Peace Prize...
(1164 Views)
Tunisia Returns Stolen Ancient Artifact to Algeria...
(1029 Views)
Unemployed Tunisians Risk Their Lives to Build Future...
(1000 Views)
Switzerland to Return $40 Million in Ben Ali...
(984 Views)
Motocross Racers in the Forests of Bizerte...
(733 Views)
Ben Ali Officials To Be Released in Revolution...
(717 Views)
Pollution Ravages Old Port of Tunis...
(645 Views)
NCA Approves Judicial Body, Looks Ahead to Electoral...
(642 Views)
Members ‘Freeze’ NCA Participation Over Reduced Sentences for...
(625 Views)
 
New Areas Around Chaambi Declared Military Zones...
Pollution Ravages Old Port of Tunis...
NCA Approves Judicial Body, Looks Ahead to Electoral Law...
Motocross Racers in the Forests of Bizerte...
Unemployed Tunisians Risk Their Lives to Build Future in Europe...
Members ‘Freeze’ NCA Participation Over Reduced Sentences for Ben Ali Officials...
Ben Ali Officials To Be Released in Revolution Killings Case...
UGTT Union Nominated for Nobel Peace Prize...
Tunisia Returns Stolen Ancient Artifact to Algeria...