CYPRUS, INDUSTRIAL PRODUCTION IN JANUARY +6.4%
In January 2016, the Cyprus Industrial production increased by 6.4% over the same period in 2015. This growth has affected all categories with the exception of the administration and recycling of water, which resulted in slight decline.
On the base of the CYSTAT data (the Cypriot Statistical Institute), manufacturing output grew by 7.1%, and by 6.7% that of electricity. More significant is the increase in the extractive industries, which was 14%. Also in January, and always compared to 2015, water supply and recycling have recorded, in contrast, a decrease of 2.5%.
Despite these increases, industrial and Cypriot manufacturing output still remains below pre-crisis levels, about 30% less than the output recorded in 2010.