Industrial production in Tunisia slid 4.3 percent from a year earlier in June 2019, following a donwardly revised 5 percent fall in the previous month. This was the tenth consecutive decline in industrial activity, led by energy output (-13.2 percent vs -12.6 percent in May) and manufacturing (-1.8 percent vs -2.7 percent). Meanwhile, the mining sector growth picked up (26.9 percent vs 3.5 percent). On a monthly basis, industrial production edged up 0.1 percent, slowing sharply from a 3.9 percent rise in the previous month. In the second quarter of the year, industrial production shrank 3.1 percent over a year ago. Industrial Production in Tunisia averaged 0.66 percent from 2001 until 2019, 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 -3.20 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 -0.20 in 12 months time. In the long-term, the Tunisia Industrial Production is projected to trend around 0.30 percent in 2020, according to our econometric models.