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Tunisia: decline in textile exports and capital goods imports

Recent developments in economic indicators related to industrial activity observed by the Central Bank of Tunisia (BCT) in February 2015 show a decline in exports of textile industries, clothing, leather and footwear (-4.3% yoy against 3.1% in February 2014) and capital goods imports (-3.2% against 5%) as well as a slowdown in imports of raw materials and semi-finished products (1% against 6.1%).

In contrast, exports of mechanical and electrical industries posted a rise during the same month (9.8% against 4.8%). Moreover, high- and medium-voltage power consumption in the industrial sector recorded in January 2015 an improvement in its rate of growth (3.8% yoy against 1.5% in the same month a year earlier), including in manufacturing industries (5% against 0.9%).

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