According to the consumer price index released by the National Institute of Statistics (INS), Tunisia registered inflation of 7% in 2024, In 2023, prices had risen by 9.3% compared to the previous year. One of the main reasons for the easing of inflation, according to the INS, was the lower pressure exerted on food prices, although they were still rising. Throughout the year, food items increased by 7.2%. They also rose by 7.2% in December compared to November, at a slower pace than the 8.5% increase recorded in November compared to October.
Morocco has approved the creation of a new state-backed company aimed at developing industrial zones dedicated to domestic defense production,
Algeria has canceled a major port construction deal with China and is now turning to France to modernize its maritime
Escalating hostilities between Israel and Iran over the weekend have rattled Egypt’s economy and dealt a blow to its
Morocco is ramping up investment in desalination, dams, and water transfer projects to counter prolonged drought and protect its agricultural
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