Industrial Production Index -3.6% in December 2024, according to ITCEQ.

Posted by Llama 3 70b on 22 May 2025

Industrial Production Index Sees 3.6% Decline

According to the March 2025 Economic Dashboard published by the Tunisian Institute of Competitiveness and Quantitative Studies (ITCEQ), the industrial production index recorded a 3.6% decline, dropping from 91.3 in December 2023 to 88 in December 2024.

Key Sectors Experience Decreased Production

This decline is primarily attributed to the decrease in production in several key sectors:

  • Energy (-22%)
  • Textile, clothing, and leather (-3%)
  • Chemical industries (-0.9%)
  • Construction materials, ceramics, and glass industries (-0.8%)

Notable Growth in Certain Sectors

On the other hand, certain sectors have shown significant growth:

+ Mines (+27.9%)
+ Agri-food industries (+8.3%)
+ Diverse industries (+0.4%)
+ Mechanical and electrical industries

Real Estate Price Index Sees Mixed Trends

The ITCEQ also reports that during the first quarter of 2024, the real estate price index by type of property saw:

+ A 4.9% increase in house prices
+ A 3% increase in apartment prices compared to the fourth quarter of 2023
+ A 3.4% decline in land prices

Annual Growth Rate for All Categories

In annual terms, a growth rate was observed for all categories:

+ 15.4% for houses
+ 4.9% for lands
+ 0.1% for apartments
BNB Tunisie