Producer prices in Tunisia rose 8.7 percent year-on-year in December 2018, down from a 8.9 percent increase in the previous month. It is the lowest producer inflation since August, as prices slowed for manufacturing (9.3 percent vs 9.6 percent in November), mainly in the production of machinery and electrical equipment (6.5 percent vs 6.7 percent) and chemicals (23.8 percent vs 25.3 percent). On the other hand, cost advanced faster for energy (4.2 percent vs 3.8 percent) and mining (20.6 percent vs 18 percent). On a monthly basis, factory gate prices went up 0.2 percent, after increasing 0.4 percent in the preceding month. Producer Prices Change in Tunisia averaged 3.38 percent from 2001 until 2018, reaching an all time high of 12 percent in September of 2008 and a record low of -2.20 percent in July of 2009.
Producer Prices Change in Tunisia is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Tunisia to stand at 7.20 in 12 months time. In the long-term, the Tunisia Producer Prices Change is projected to trend around 7.40 percent in 2020, according to our econometric models.