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Cyprus Industrial production November 2021

Cyprus: Industrial output growth accelerates in November

Industrial output growth accelerated to 4.4% in annual terms in November, up from October’s 2.8% increase. The upturn was largely attributed to stronger manufacturing output as well as rebounding mining and quarrying production. Meanwhile, electricity supply production declined at a slower rate in November.

Meanwhile, annual average industrial production growth rose to 7.4% in November (October: +7.1%), logging a near three-year high.

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