Cyprus Industrial Production Index Rises 1.5% Annually in July 2026
The Industrial Production Index in Cyprus increased by 1.5% in July 2026 compared to the same month last year, reaching 129.2 units with 2021 as the base year. For the first seven months of 2026, the index rose by 1.6% against the same period in 2025, reflecting steady industrial growth.
Among industrial sectors, water supply and materials recovery saw the highest annual growth at 8.2%, followed by mining and quarrying with a 6% increase. Conversely, electricity supply was the only sector to decline, dropping by 1.1% over the year. Manufacturing divisions showed varied results, with notable growth in non-metallic mineral products (+6%) and wood products (+5.1%), while machinery and transport equipment manufacture decreased by 6.8%.
From January to July 2026, water collection and supply surged 11.7%, and basic metals manufacturing grew by 5.7%. However, materials recovery and machinery manufacturing both declined sharply during this period, by 6.6% and 5.5% respectively, signaling challenges for certain industrial areas despite overall growth.
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