Cliff on the ocean in Cyprus

Cyprus Industrial production March 2023

Cyprus: Industrial output records largest contraction in two years in March

Industrial output dropped 2.6% year on year in March (February: +0.8% yoy). The result marked the worst reading since February 2021. Looking at the details of the release, electricity supply output swung to contraction. That said, manufacturing production and water supply output gained traction in March.

Meanwhile, annual average industrial production growth fell to 0.1% in March (February: +0.9%). This signals a worsening trend in the industrial sector.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest