Cyprus Industrial Output Growth Slows in April

2026-06-29 09:19 By Nicole Aliyah 1 min. read

Industrial production in Cyprus increased by 1.4% year-on-year in April 2026, slowing from an upwardly revised 4.9% increase in the previous month.

This marked the lowest increase since October 2024.

The moderation was driven by slower growth in mining and quarrying (4.5% vs. 9.2% in March), manufacturing (0.6% vs. 3.1%), and electricity supply (6.9% vs. 19.0%).

Meanwhile, water collection, treatment and supply accelerated (15.4% vs. 13.9%), while water supply and materials recovery edged higher (4.4% vs. 4.1%).

Separately, materials recovery remained in contraction, with output falling at a steeper pace (-9.1% vs. -7.1%).

For the January-April period, industrial output grew 1.6% compared to the corresponding period of the previous year.



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Cyprus Industrial Output Growth Slows in April
Industrial production in Cyprus increased by 1.4% year-on-year in April 2026, slowing from an upwardly revised 4.9% increase in the previous month. This marked the lowest increase since October 2024. The moderation was driven by slower growth in mining and quarrying (4.5% vs. 9.2% in March), manufacturing (0.6% vs. 3.1%), and electricity supply (6.9% vs. 19.0%). Meanwhile, water collection, treatment and supply accelerated (15.4% vs. 13.9%), while water supply and materials recovery edged higher (4.4% vs. 4.1%). Separately, materials recovery remained in contraction, with output falling at a steeper pace (-9.1% vs. -7.1%). For the January-April period, industrial output grew 1.6% compared to the corresponding period of the previous year.
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Industrial production in Cyprus grew by 4.7% year-on-year in March 2026, reversing a 2.9% decline in the previous month. The rebound was mainly driven by a sharp increase in electricity supply (19.0% vs -13.0% in February), mining and quarrying (9.2% vs -2.1 %), and manufacturing (2.8% vs -1.7%), particularly the manufacture of food, beverages and tobacco products (3.5% vs -3.9%), rubber and plastic products (7.1% vs 1.9%), and other non-metallic mineral products (4.5% vs -4.2%). Meanwhile, output growth eased for water supply and materials recovery (3.9% vs 5.2%). In the first quarter of 2026, industrial output increased 1.5% compared to the corresponding period of the previous year.
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