Industry in Cyprus

Cyprus Industry | Economic News & Forecasts

Cyprus - Industry

Industrial output flatlines in June

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.

FocusEconomics Consensus Forecast participants see fixed investment expanding 6.6% in 2019, down 1.3 percentage points from last month’s estimate. In 2020, fixed investment is expected to grow 8.0%.

Cyprus - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-13.4  0.0  4.8  10.3  7.2  

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Cyprus Industry Chart

Cyprus Industry
Note: Annual variation of industrial production in %.
Source: National Statistical Service and FocusEconomics calculations.

Cyprus Facts

Exchange Rate1.100.65 %Sep 04
Stock Market69.9-0.44 %Sep 04

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