Cliff on the ocean in Cyprus

Cyprus Industry May 2019

Cyprus: Industrial output slows in May

Annual working day-adjusted industrial production rose 0.2% in May, following the revised 0.8% expansion logged in April (previously reported: -0.3% year-on-year). May’s moderation was largely due to narrower output gains in mining and quarrying, and a sharper contraction in the electricity supply sector.

Meanwhile, the annual average growth in industrial production declined to 5.4% in May from 6.3% in April.

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