Policy Briefs

Is Covid-19 Driving Up Consumer Prices in Tunisia? Evidence from the Pass-Through of the Covid-19 Shock

No.

PB 75

Publisher

ERF

Date

May, 2022

Topic

I. Health

In a nutshell:
  • Import unit prices have had a positive and significant pass-through to consumer prices, but only in the pre-pandemic period.
  • Tariffs and non-tariff measures implemented on imports in Tunisia have had a positive and significant pass-through to consumer prices, particularly in food and agriculture products.
  • Real exchange rate changes lead to increases in consumer prices – more so for agricultural and food products before the pandemic. Further, a strong impact is observed for manufacturing and services during the pandemic.
Is Covid-19 Driving Up Consumer Prices in Tunisia? Evidence from the Pass-Through of the Covid-19 Shock

Research Fellows

Leila Baghdadi

Senior Economist, MENA Chief Economist Office, World...

Is Covid-19 Driving Up Consumer Prices in Tunisia? Evidence from the Pass-Through of the Covid-19 Shock

Authors

Inmaculada Martinez-Zarzoso

Professor, Universities of Göttingen in Germany and...

Is Covid-19 Driving Up Consumer Prices in Tunisia? Evidence from the Pass-Through of the Covid-19 Shock

Authors

Amal Medini

PhD Candidate in Economics, University of Tunis