Cyprus Industrial production February 2022

Cyprus

Cyprus: Industrial output growth drops to 10-month low in February

April 28, 2022

Industrial output expanded 3.4% year-on-year in February (January: +4.7% yoy). February's deterioration came on the back of decelerating electricity supply and water supply production. However, manufacturing output bounced back.

Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at 8.6% in February, up from January's 7.8%.


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Cyprus Industrial production Chart


Cyprus Industry February 2022

Note: Year-on-year changes and annual average variation of industrial production in %.
Source: Statistics Cyprus and FocusEconomics calculations.


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