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.
Research Fellows
Leila Baghdadi
Professor of Economics, ESSECT, University of Tunis
Authors
Inmaculada Martinez-Zarzoso
Professor, Universities of Göttingen in Germany and...
Authors
Amal Medini
PhD Candidate in Economics, University of Tunis