Industrial Production in Cyprus
Cyprus recorded average industrial production growth of 2.1% in the decade to 2022, above the 1.1% average for the Euro Area. In 2022, industrial production growth was 1.2%. For more industry information, visit our dedicated page.
Cyprus Industry Chart
Cyprus Industry Data
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Industrial Production (ann. var. %) | 7.4 | 4.4 | -7.3 | 6.4 | 1.2 |
Industrial output growth rises in November
Industrial output increased 4.0% year on year in calendar-adjusted terms in November, which was above October's 2.6% increase. November's improvement was largely driven by upturns in manufacturing and electricity, gas, steam and air conditioning supply production. Meanwhile, annual average industrial output growth rose to 1.9% in November (October: +1.7%), which marked an over one-year high. On a monthly basis, factory output increased 1.8% in seasonally adjusted terms in November, rebounding from October’s 1.0% fall and marking the best result since April.
Latest Global Industrial production News
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Romania: Decline in industrial output softens in February
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