Impact of the Russia-Ukraine war on inflation in North Africa 2022, by country
The Russia-Ukraine war impacted consumer prices in North Africa. According to projections, inflation in all North African countries increased in 2022 due to the war. Considering the long-conflict scenario, with the war continuing after June 2022, Egypt's inflation rate would reach 10.5 percent. In contrast, the baseline scenario saw a projected inflation of 7.4 percent. In Tunisia, the inflation rate jumped to nine percent, compared to a baseline scenario of 5.5 percent.