Tunisia’s inflation stable at 7.4 pct in November

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Tunisian employees work at an underwear factory in Sfax, 260 km (162 miles) south of Tunis, file. REUTERS/Zoubeir Souissi

TUNIS (Reuters) – Tunisia’s inflation rate remained at 7.4 percent in November, the third consecutive month at that figure, official data showed on Wednesday.

Inflation has fallen from 7.5 percent in August and 7.8 percent in June.

In May, Tunisia’s central bank raised its key interest rate by 100 basis points to 6.75 percent, the second hike in three months, to tackle inflation.

Reporting By Tarek Amara

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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