Cyprus Industrial Output Rises Slightly in July

Cyprus’ industrial production increased 1.5% year-on-year in July 2026, from an upwardly revised 1.4% increase in June. The overall growth was supported by stronger activity in water supply and materials recovery (8.2% vs. 2.8% in June). Meanwhile, growth in mining and quarrying eased (6.0% vs. 11.4%), while manufacturing slowed (1.5% vs. 2.0%), mainly due to weaker growth in wood products (5.1% vs. 7.3%), rubber and plastic products (2.0% vs. 4.9%), and basic metals and fabricated metal products (3.7% vs. 4.9%). Electricity supply remained in contraction, although the decline narrowed (-1.1% vs. -4.0%). For the January-July period, industrial output grew 1.6% compared with the corresponding period of the previous year.

Industrial production in Cyprus edged up 0.3% year-on-year in June 2026, unchanged from the previous month and remaining at its lowest level since February. Manufacturing output rose 0.6% (vs 0.5% in May), driven particularly by wood and cork products, except furniture (2.3% vs 1.2%), rubber and plastic products (4.7% vs -2.4%), basic metals and fabricated metal products (2.3% vs 1.1%), and non-metallic mineral products (7.5% vs 4.9%). Meanwhile, growth accelerated in water supply and materials recovery (1.5% vs -3.9%), as well as water collection, treatment and supply (14.2% vs 10.2%). Electricity supply fell 4% after stagnating in the previous month, while the decline in materials recovery eased (-15.1% vs -20.7%). In January-June, industrial output grew 1.2% compared with the corresponding period of the previous year.

Industrial production in Cyprus inched up 0.5% year-on-year in May 2026, slowing from an upwardly revised 1.9% increase in the previous month. The deceleration reflected weaker activity across mining and quarrying (0.5% vs 4.5% in April), manufacturing (0.8% vs 0.9%), mainly due to slower output of basic metals and fabricated metal products, electricity supply (0.0% vs 8.3%), and water collection, treatment and supply (10.1% vs 15.2%). Meanwhile, water supply reversed into contraction (-3.4% vs 4.3%), while materials recovery remained in decline, with output falling at a steeper pace (-19.6% vs -9.1%). For the January-May period, industrial output grew 1.5% compared with the corresponding period of the previous year.