Tunisia: industrial sales prices increase 2.7% in January

The index of industrial sales prices rose by 2.7% year on year in January 2017, according to figures published by the National Institute of Statistics (INS).

This increase, explained the INS, is mainly due to higher prices for manufacturing products by 1.9% and prices of extractive products by 8.4%, due to the rise in prices of energy extraction products by 10.4% and non-energy products by 1.9%.

Compared to December 2016, the Industrial Selling Price Index rose 0.8% after a 0.5% increase in December 2016. Prices for manufacturing products grew 0.9% versus a 0.6% drop in the price of mining products.

The increase in the prices of the products of the manufacturing industry is mainly due to the rise in prices of products of the agro-food industry by 1.2%, chemical industry by 2.1% and mechanical and electrical industries by 1.1%.

On the other hand, a remarkable drop in prices was recorded for non-energy extraction products by 7.8%.

 AFRICAN MANAGER

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