Posted by: Agence Tunis Afrique Presse

Business leaders in the manufacturing sector expressed optimism about the improved industrial production indicators in the 1st quarter of 2018, according to a survey on the situation and prospects of industrial enterprises conducted by the National Institute of Statistics (INS).

The interviewed 943 entrepreneurs in the manufacturing sector reported a slight improvement in the growth rate of industrial production in the 1st quarter of 2018 compared to the fourth quarter of 2017.

About 27% of business leaders surveyed forecast a slight improvement in industrial output growth in the 1st quarter of 2018, and 46% said they were satisfied with the performance of the production indicator for the 2nd quarter of 2018.

According to the survey, 28% of business leaders confirmed an improvement in the level of growth in demand for industrial products in the first quarter of 2018, while 36% of respondents expect an increase in demand for the second quarter of the current year.

As to the external demand for industrial products, 27% of respondents noticed a noteworthy improvement in the demand growth rate in the 1st quarter of 2018 and a performance of 40% in the 2nd quarter.

Business leaders (20% of respondents) outpointed a stability in the general situation of the industrial sector during the first quarter of 2018 and similarly for the second quarter (34% of those interviewed).

As regards the development of industrial production by sector, the survey showed an improvement in the growth rates of agro-food, mechanical and electrical industries and various industries.

The textile, clothing and leather industry sector stabilised in terms of production.

On the other hand, the construction materials industry and the chemical industry recorded a drop in their production.

As for the expected development of production by sector in the 2nd quarter of 2018, industry expects an improvement in the pace of growth that will differ between sectors, with the exception of textile, clothing and leather whose level of production would remain stable.