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%.