Industrial production in Cyprus increased 4.1 percent year-on-year in July 2019, rebounding from a downwardly revised 0.5 percent fall in the previous month. Output rose in manufacturing (6.1 percent compared to -0.7 percent in June), in particular food products, beverages & tobacco products (4.5 percent compared to -4.7 percent), paper & printing (1 percent compared to -4.2 percent), other non-metallic mineral products (7.7 percent compared to -2.1 percent), and basic metals & fabricated metal products (9.6 percent compared to -4.5 percent); and water supply & materials recovery (1.4 percent compared to -3.1 percent). Also, production of mining & quarrying fell 6.4 percent, less than a 13.2 percent decline in June. Meanwhile, electricity supply output went down 0.5 percent, after increasing 1.9 percent in the prior month. Industrial Production in Cyprus averaged 0.55 percent from 2000 until 2019, reaching an all time high of 16.50 percent in April of 2002 and a record low of -18.70 percent in December of 2012.

Industrial Production in Cyprus is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Cyprus to stand at 2.20 in 12 months time. In the long-term, the Cyprus Industrial Production is projected to trend around 0.80 percent in 2020, according to our econometric models.

Cyprus Industrial Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-27 09:00 AM Industrial Production YoY Apr -0.3% -1.5% -1%
2019-07-30 09:00 AM Industrial Production YoY May 0.2% 0.8% 0.1%
2019-08-29 09:00 AM Industrial Production YoY Jun 0% 0.2% -0.7%
2019-09-27 09:00 AM Industrial Production YoY Jul 4.1% -0.5% 0.3%
2019-10-30 10:00 AM Industrial Production YoY Aug 4.1%
2019-11-28 10:00 AM Industrial Production YoY Sep 0.3%
2019-12-30 10:00 AM Industrial Production YoY Oct


Cyprus Business Last Previous Highest Lowest Unit
Business Confidence 112.30 109.50 115.40 68.60 Index Points [+]
Industrial Production 4.10 -0.50 16.50 -18.70 percent [+]
Manufacturing Production 6.10 -0.70 15.60 -19.80 percent [+]
Car Registrations 4163.00 3248.00 7077.00 3.00 [+]
Internet Speed 6912.45 7114.94 7168.18 758.95 KBps [+]
IP Addresses 368293.00 364202.00 368293.00 93569.00 IP [+]
Mining Production -6.40 -13.20 71.40 -48.50 percent [+]
Competitiveness Index 66.39 65.57 66.39 4.22 Points [+]
Competitiveness Rank 44.00 44.00 65.00 34.00 [+]
Ease of Doing Business 57.00 53.00 60.00 36.00 [+]
Electricity Production 558.00 460.00 619.00 278.00 Gigawatt-hour [+]
Corruption Index 59.00 57.00 66.00 53.00 Points [+]
Corruption Rank 38.00 42.00 47.00 27.00 [+]


Cyprus Industrial Production

In Cyprus, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 72 percent of total production. The biggest segments within Manufacturing are: food products (32 percent of total production); other non-metallic mineral products (7 percent); basic pharmaceutical products and pharmaceutical preparations (6 percent); and fabricated metal products, except machinery and equipment (5 percent). Mining and quarrying, and electricity, gas, steam and air conditioning supply account for 20 percent of total output; and water supply, sewerage, waste management and remediation activities account for the remaining 8 percent. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.10 -0.50 16.50 -18.70 2000 - 2019 percent Monthly




Country Last Previous
Argentina -6.40 Aug/19
Australia 1.90 Jun/19
Brazil -2.30 Aug/19
Canada -1.12 Jul/19
China 4.40 Aug/19
Euro Area -2.00 Jul/19
France -1.40 Aug/19
Germany -4.00 Aug/19
India -1.10 Aug/19
Indonesia 8.10 Jul/19
Italy -1.80 Aug/19
Japan -4.70 Aug/19
Mexico -1.30 Aug/19
Netherlands -0.60 Aug/19
Russia 2.90 Aug/19
Saudi Arabia 1.40 Dec/18
Singapore -8.00 Aug/19
South Africa -1.80 Aug/19
South Korea -2.90 Aug/19
Spain 1.70 Aug/19
Switzerland 4.80 Jun/19
Turkey -1.20 Jul/19
United Kingdom -1.80 Aug/19
United States 0.40 Aug/19


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