Cyprus Industrial Output Continues Downward Trend

Cyprus industrial production continued to decline in October, recent data released by the Statistical Service of Cyprus shows.

Industrial output plunged 12.5% year-on-year in October, following a 11.6% drop in September. During January to October, production was down 12.9%, the report revealed. Manufacturing output slipped 12.8% from October 2012. Another report from the statistical office showed that industrial output prices dropped 1.1% in November compared to October. At the same time, the manufacturing index was down 0.1%.

Source: rttnews

Cyprus Profile

articles | 31 December 2013