Inflation reaches 9.3% in August 2023 says INS

Inflation rose to 9.3% in August 2023 after five consecutive months of decline, compared with 9.1% in July 2023 and 9.3% in June 2023, the National Statistics Institute (INS) announced on Tuesday. This rise in inflation is due to an acceleration in the rate of price increases between August and July of this year compared with the same period last year, particularly in the “Food” group, where the year-on-year increase in prices rose from 14.2% to 15.3%, the “Alcoholic beverages and tobacco” group (from 1.8% to 4.6%) and the “Hotels…

AAAID supports agricultural development projects in Sidi Bouzid

The Arab Authority for Agricultural Investment and Development (AAAID) will support agricultural development projects in the governorate of Sidi Bouzid as part of the “Central Production Market Platform Project”, which covers 70ha at a total cost of TND 116 million. This project was the focus of a meeting held on Tuesday between the Minister for the Economy and Planning, Samir Said, and the Chairman of AAAID, Mohammed bin Obaid Al Mazrooei. AAAID will contribute TND 22.3 million to the capital of the company managing this project. The two parties also…