ELFENBENKUSTEN - INDUSTRIPRODUKTION

Industrial production in Ivory Coast rose 12.3 percent year-on-year in May 2019, after a 14.5 percent surge in the prior month. Output advanced at a softer pace for mining & quarrying (19.8 percent vs 38.1 percent in April) and manufacturing (11.4 percent vs 12 percent), namely food & beverages (10.2 percent vs 18.4 percent). Meanwhile, the utilities sector continued to advance solidly (9.8 percent vs 7.4 percent). On a monthly basis, industrial activity declined 3 percent, after an upwardly revised 3.4 percent fall in the prior month. In the first five months of the year, industrial activity grew 7 percent compared to the same period of 2018.

Industrial production in Ivory Coast surged 14.5 percent year-on-year in April 2019, following an upwardly revised 4.3 percent rise in the previous month. It was the strongest gain in industrial activity since last October, as output grew sharply for mining & quarrying (38.1 percent vs 16 percent in March); manufacturing (12 percent vs 2.6 percent), mostly food and tobacco (18.4 percent); petroleum products, chemicals & plastics (13.3 percent) and furnishings (15.8 percent). Also the utilities sector rose faster (7.4 percent vs 7.2 percent). On a monthly basis, industrial production declined 3.2 percent, after an upwardly revised 17.4 percent jump in the previous month. Considering the first four months of 2019, industrial activity grew 5.8 percent compared to the same period of 2018.

Industrial output in Ivory Coast rose 3.6 percent year-on-year in March 2019, following an upwardly revised 2.3 percent decline in the prior month, as output rebounded for manufacturing (1.8 percent vs -4.2 percent in February), mostly due to food & tobacco (3.9 percent vs -1.5 percent); wood & furniture (7.6 percent vs -8.6 percent) and paper & printing products (16.9 percent vs 7.1 percent). In addition, production rose much faster for mining & quarrying (16 percent vs 9.9 percent) and utilities (7.2 percent vs 1.8 percent). On a monthly basis, industrial production climbed 16.6 percent, after an upwardly revised 1.9 percent fall in the prior month. Considering the first quarter of 2019, industrial activity grew 2.7 percent compared to the same period a year ago.

Industrial output in Ivory Coast decreased 1.4% year-on-year in February 2019, after a downwardly revised 7.7% jump in the prior month, as output fell for manufacturing (-3.1% vs 7% in January), mostly due to rubber & plastics (-17.3%); metal articles (-15.4%); furniture (-11.5%) and food & beverages (-1.3%). In addition, production slowed for mining (9.9% vs 14%) and utilities (1.8 percent vs 4.1 percent). On a monthly basis, industrial production fell 1.4%, following an upwardly revised 33.6% tumble in the previous month. Considering the first two months of 2019, industrial activity grew 3% over a year ago.

Industrial output in Ivory Coast surged 8.1% year-on-year in January 2019, following a 3.3% decline in the previous month. Output rebounded sharply for manufacturing (7.5% vs -5.4% in December), namely food & tobacco products (9.0% vs -4.6%); wood & furniture (16.7% vs -6.7%); petroleum; chemical, rubber & plastics (2.3% vs -4.3%). Also, output recovered for utilities (4.1% vs -1.0%), led by electricity (4.2% vs -3.7%). Meanwhile, production slowed a bit for mining (14.1% vs 19%), as extraction of crude oil and gas rose at a softer pace (14.5% vs 22.4%). On a monthly basis, industrial production slipped 33.4%, after a 9.4% rise in the previous month.

Industrial output in Ivory Coast declined 3.3 percent year-on-year in December 2018, after an upwardly revised 10.7 percent jump in the previous month. It is the first decline in industrial activity since July 2017. Output fell for manufacturing (-5.4% vs 3.5%), mostly metallic products (-20.7% vs -54.8%); wood & furniture (-6.7% vs -3.5%) and food products & tobacco (-4.6% vs 13.3%). Also, the utilities sector posted a drop (-1.0% vs 4.1%), mainly due to a 3.7 percent decline in production and distribution of electricity. Meanwhile, output climbed for mining & quarrying (19% vs 8.6%), amid stronger gains in extraction of crude oil and natural gas (22.4% vs 12%). On a monthly basis, industrial production grew 9.4 percent, following an upwardly revised 11.2 percent surge in the prior month. Considering full year of 2018, industrial output grew 4.2 percent over a year ago.