Industrial output in Ivory Coast rose 5.2 percent year-on-year in September of 2018, higher than a 1.7 percent gain in the previous month. Production rose faster for food and tobacco (14.1 percent from 10.1 percent in August); electricity, gas and water (3.2 percent from 1.3 percent); and textiles and leather (21.9 percent from 11.6 percent); and rebounded for paper (21.6 percent from -6.1 percent). Also, output dropped less for mining (-8.7 percent from -11 percent in August); metallic products (-16.4 percent from -25 percent); and glass, ceramics and construction materials (-0.7 percent from -6 percent). In contrast, production slowed for petroleum, chemicals, rubber and plastics (2.2 percent from 2.5 percent) and wood and furniture (3 percent from 1 percent). On a monthly basis, industrial output jumped 9.3 percent. Industrial Production in Ivory Coast averaged 4.54 percent from 1998 until 2018, reaching an all time high of 109.74 percent in April of 2012 and a record low of -11.80 percent in May of 2011.
Industrial Production in Ivory Coast is expected to be 4.74 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Ivory Coast to stand at 4.45 in 12 months time. In the long-term, the Ivory Coast Industrial Production is projected to trend around 4.90 percent in 2020, according to our econometric models.