Fight against the high cost of living: Mays Mouissi without a solution?

by time news

2024-01-03 12:46:00

DIG/ The fight against the high cost of living remains the squaring of the circle for the Transitional Government and especially for the Ministry of the Economy and Participations.

If the incumbent can boast of having obtained remarkable results in 3 months in terms of settling the public debt, increasing customs revenue and others, this is clearly not the case regarding the rise in consumer prices.

Without any strategy deployed to the general public, the ministry and its secular arm, namely the General Directorate of Competition, Consumption and Fraud Repression, are struggling to bend the upward curve of consumer prices.

Indeed, since August 30, 2023, taking advantage of a pseudo climate of uncertainty, prices have continued to soar, maintained, it is true, by the malice of certain economic operators.

Despite a total amount of fines of 156 million francs imposed in October 2023 on recalcitrant economic operators, the cost of living continues to increase on the national territory with certain products even becoming prohibitive for the household basket.

According to the General Directorate of Economy and Tax Policy, on an annual average, the inflation rate increased from 3.8% at the end of September 2022…to 4.1% over the same period in 2023.

Inflationary pressures are observed in the post “Food products and non-alcoholic drinks” (+1.8% against +1.1%).

This situation, indicates the DGEPF, is the result of the scarcity, on the market, of products such as fish and other dried or smoked products (+1.8% against -3.5%), fresh fruit or root vegetables (+3.6% against +0.3%), fresh leafy vegetables (+3.6% against +0.5%) and plantain tubers (+6.5% against +2.5%).

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