Tunisia’s PPI cools to 2.9% y/y in Feb 2013

By bne IntelliNews April 8, 2013

Tunisia’s PPI inflation retreated to 2.9% y/y in February 2013 from 4.0% a month earlier, due mainly to slower growth in manufacturing producer prices, the statistics office said. Mining and quarrying production prices also tumbled during the month due to slower external demand and periodic sit-ins and strikes waged by labourers. In monthly terms, PPI inflation edged up 0.1% m/m compared with a 0.5% growth a month earlier. Manufacturing producer prices (83% of the basket) grew 3.4% y/y in February, easing from a 4.4% rise the month before. Higher food prices, whose producer costs increased 5.1% over the period, and strong housing demand that lifted construction materials’ producer charges by 3.5%, were the main growth engine.


Chemical producer prices shrank 0.9% y/y in February due to lower commodity prices and even external demand. Strong EU demand boosted charges of textiles by 3.3% in February. Mining and quarrying production inched up just 0.7% y/y, braking from 5.4% growth the month before. Such prices fell 0.7% m/m in February. Water and electricity producer prices were unchanged in annual terms.

Related Articles

Ankara and Tehran join wave of anger directed at Trump’s recognition of Jerusalem as Israel’s capital

US President Donald Trump's December 6 announcement that his administration has decided to unilaterally recognise Jerusalem as Israel's capital was described as “against international law” by ... more

Islamic State is finished declares Iran's President Rouhani

Iranian President Hassan Rouhani on November 21 declared the end of the so-called Islamic State militant and terrorist group following decisive battles in Iraq and Syria. Stating that he wished to ... more

Turkey the loser as Baghdad rewards Iran with control of Kurdish oil exports

Iran is taking control of oil exports from Iraqi Kurdistan's giant Kirkuk field with Baghdad authorising the move as a reward for the Iranians' help in quelling the Kurds' late September push for ... more