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Cyprus construction output rises 1.1% as prices increase 4.9% in second quarter of 2026

Cyprus construction production grew by 1.1% year-on-year in the second quarter of 2026, while output prices rose by 4.9%, according to Cystat.

Cyprus construction output rises 1.1% as prices increase 4.9% in second quarter of 2026
Photo: illustrative photo · Cyprus Inform

Nicosia, Cyprus. Cyprus’ construction sector recorded annual production growth of 1.1 per cent in the second quarter of 2026, while output prices increased by 4.9 per cent, according to figures released by the statistical service (Cystat) on Friday.


Second-quarter production and prices

The Index of Production in Construction reached 130.28 units in the April-June period, compared with 128.83 units in the corresponding quarter of 2025. The index uses 2021 as its reference year, with a value of 100 units.

The Output Prices Index in Construction reached 132.48 units, up from 126.32 units in the second quarter of 2025.

Output prices also increased by 2.5 per cent compared with the first quarter of 2026, reflecting a further rise in prices charged for construction work.

First-half performance

Construction production increased by 1.4 per cent in the first half of 2026 compared with the January-June period of 2025.

Construction output prices rose by 4.7 per cent over the same period, continuing to increase considerably faster than production.

What the indices measure

According to Cystat, the production index measures changes in construction activity at constant prices.

The output prices index reflects prices charged to clients for construction work, including materials, labour, energy, transport and contractors’ profits.

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