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Cyprus Industry November 2019

Cyprus: Industrial output cools in November

Industrial production rose 0.9% year-on-year in November 2019, halving from October’s 1.8% increase. November’s slowdown was mainly driven by a sharper contraction of the electricity and water supply sectors, and easing manufacturing output compared to the previous month.

Meanwhile, the annual average growth in industrial production fell to 3.3% in November from 3.9% in October.

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