Industry in Tunisia

Tunisia Industry | Economic News & Forecasts

Tunisia - Industry

Economic growth slightly softened in the third quarter, largely due to a sharp downturn in the oil and chemicals sectors. Meanwhile, the country’s political crisis worsened in recent weeks, boding poorly for growth in Q4 and beyond. Amid growing tensions with President Essebsi, on 5 November Prime Minister Youssef Chahed reshuffled his cabinet. Two weeks later, on 22 November, 650,000 public workers went on strike to protest the government’s refusal to raise wages. The decision followed pressure by the IMF and threats to cut Tunisia’s funding, which could have dealt a crippling blow given the country’s rapidly depleting foreign reserves.

Tunisia - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)1.1  -1.1  -2.6  -0.5  -1.0  

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Tunisia Industry Chart

Tunisia Industry
Note: Annual variation of industrial production in %.
Source: National Institute of Statistics.

Tunisia Facts

Bond Yield6.970.0 %Mar 15
Exchange Rate2.98-0.27 %Dec 14
Stock Market0.10.05 %Dec 04

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