Cyprus’ industrial production declined 1.3% year-on-year in August 2026, reversing a 1.5% increase in July. The decline was driven by weaker manufacturing output (-2.5% vs. 1.5% in July), particularly in machinery, motor vehicles and other transport equipment (-12.8% vs. -6.8%), refined petroleum, chemicals and pharmaceutical products (-7.1% vs. -2.9%), and other non-metallic mineral products (-4.8% vs. 6.0%). Growth in water supply and materials recovery slowed to 5.7% from 8.2%. In contrast, mining and quarrying output rose 11.0%, accelerating from 6.0% in July, while electricity supply edged up 0.1% after falling 1.1%. For the January-August period, industrial production increased 1.2% compared with the same period a year earlier. source: Statistical Service of the Republic of Cyprus
Industrial Production in Cyprus decreased 1.30 percent in August of 2026 over the same month in the previous year. Industrial Production in Cyprus averaged 1.10 percent from 2000 until 2026, reaching an all time high of 62.20 percent in April of 2021 and a record low of -36.30 percent in April of 2020. This page provides the latest reported value for - Cyprus Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cyprus Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.
Industrial Production in Cyprus decreased 1.30 percent in August of 2026 over the same month in the previous year. Industrial Production in Cyprus is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Industrial Production is projected to trend around 1.70 percent in 2027 and 1.90 percent in 2028, according to our econometric models.