Cyprus Industrial Production Falls 1.3 Per Cent Year-on-Year in August 2026

Nicosia, Cyprus. Industrial production in Cyprus was 1.3 per cent lower in August 2026 than a year earlier, the Cyprus Statistical Service (Cystat) reported. A contraction in manufacturing outweighed growth in mining, water supply and electricity.

Headline figures

The Industrial Production Index stood at 90.9 points in August, with 2021 as the base year set at 100. This was a decrease compared with August 2025.

Even with the annual fall in August, output for the first eight months of 2026 was 1.2 per cent higher than in the same period of the previous year.

Sector performance

Manufacturing output fell by 2.5 per cent year-on-year in August. Mining and quarrying production grew by 11 per cent, and water supply and materials recovery rose by 5.7 per cent. Electricity supply edged up by 0.1 per cent.

Manufacturing breakdown

The largest annual gains within manufacturing were in rubber and plastic products, up 7.1 per cent, and in wood and cork products excluding furniture, up 6.4 per cent.

The steepest fall was in the manufacture of machinery and equipment, motor vehicles and other transport equipment, where output dropped by 12.8 per cent compared with August 2025.

Production of refined petroleum products, chemicals and chemical products, and pharmaceutical products and preparations decreased by 7.1 per cent. Output of other non-metallic mineral products was down 4.8 per cent year-on-year.