HomeNewsTunisia: 31% of business managers expect decline in manufacturing activities

Tunisia: 31% of business managers expect decline in manufacturing activities

Nearly 31% of business managers in Tunisian manufacturing industries expect a slight decline in their activities during the period between the first and second half of this year, confirmed a poll published Wednesday and conducted by the National Institute of Statistics (INS).

The survey titled “the situation and prospects of industrial companies” indicated that “this situation results from the expected decline in the rate of growth of chemical and manufacturing industries.”

The poll, conducted among 628 business leaders, showed a decline in production of food, mechanical and electronic industries, “but also other manufacturing sectors, against an improvement in the building materials sector,” says the INS.

Although they expect an improvement of the production sectors of the food industry and mechanical and electronic industries at the 3rd half of 2012, Tunisian industrialists predict a fall of chemical industries and various other manufacturing industries “with a stagnation of the remaining sectors “according to the survey.

Among the businessmen interviewed by the INS, nearly 6% pointed to a stagnation in the production of their businesses during the second half of 2012. For the months of July, August and September, 37% of respondents expect a decline in industrial activity.

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