Tunisia annual inflation rate stood at 7.7 pct in May – official data

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TUNIS (Reuters) – Tunisia’s annual inflation held steady in May at 7.7 percent year-on-year, official data showed on Thursday.

People buy vegetables at a market in Tebourba, Tunisia January 11, 2018. REUTERS/Zoubeir Souissi

Inflation accelerated from 6.9 percent in January to 7.7 percent in April, its highest level since 1991.

The central bank raised its key interest rate to 5.75 percent in March from 5.0 percent to tackle inflation.

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