Friday October 18 2019
Senegal Industrial Production at 5.90 percent
Senegal's industrial production advanced 5.9 percent year-on-year in August 2019, the most since July last year, compared to an upwardly revised 4.5 percent rise in the previous month. Within manufacturing, production grew faster for paper & cardboard (33.7 percent vs 20 percent in July); building materials (2.1 percent vs 2.0 percent) and it rebounded for chemicals (7.3 percent vs -9.2 percent) and mechanical industries (63 percent vs -2 percent). However, food production rose much less (5.3 percent vs 26.8 percent). At the same time, energy continued to grow solidly (8 percent vs 10 percent) and mining output recovered slightly (0.4 percent vs -3.6 percent). On a monthly basis, industrial production declined 5 percent, following a 3.1 percent increase in the previous month. Year-to-date, industrial activity grew 2.8 percent compared to the same period a year ago.