Industrial production in Tunisia fell 1.5 percent year-on-year in September of 2018, following a 0.6 percent decrease in the previous month. It was the biggest decline in industrial output since February, as mining production went down further (-21.9 percent compared to -4.9 percent in August) and energy dropped (-7.3 percent compared to 10.9 percent). On the other hand, output rebounded for manufacturing (0.9 percent compared to -4.5 percent). On a monthly basis, industrial output rose 6.6 percent, after falling 9.8 percent in the prior month. Industrial Production in Tunisia averaged 0.79 percent from 2001 until 2018, reaching an all time high of 16.50 percent in February of 2012 and a record low of -17.70 percent in February of 2011.
Industrial Production in Tunisia is expected to be -0.01 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Tunisia to stand at -0.30 in 12 months time. In the long-term, the Tunisia Industrial Production is projected to trend around -0.31 percent in 2020, according to our econometric models.