Cyprus: Industrial output flatlines in June
August 29, 2019
Annual working day-adjusted industrial production was stagnant in June, following the 0.2% expansion logged in May. June’s moderation was largely driven by a large contraction in the mining and quarrying sector, and a slight decline in manufacturing output.
Meanwhile, the annual average growth in industrial production fell to 4.4% in June from to 5.4% in May.
Author: Javier Colato, Economist