Producer prices in Tunisia climbed 9.6 percent year-on-year in February 2019, following a 8.9 percent rise in the prior month. It is the highest producer inflation since January 2009, as prices continued to advance for mining (41.5 percent vs 36.1 percent in January), mainly in the extraction of minerals for the chemical industry and natural fertilizers (45.3 percent vs 39.2 percent); manufacturing (9.5 percent vs 9.1 percent), of which chemicals (25.1 percent vs 23.1 percent) and food (6.9 percent vs 6.9 percent); and energy (6.2 percent vs 4.9 percent). On a monthly basis, factory gate prices went up 0.7 percent, after a 1.4 percent rise in the previous month. Producer Prices Change in Tunisia averaged 4.34 percent from 2001 until 2019, reaching an all time high of 14.70 percent in October of 2008 and a record low of -1.90 percent in January of 2010.
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.