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Industrial Production Index records 3.5% annual increase in October

The Industrial Production Index reached 116.4 points (base 2021=100) in October 2025, marking a 3.5% increase compared to October 2024, CySTAT has reported.

During the period January-October 2025, according to CySTAT, the index recorded an increase of 3.1% compared to the corresponding period of the previous year.

As stated, the manufacturing sector registered an increase of 4.3% compared to October 2024, while an increase was also recorded in the water supply and material recovery sector (+7.4%). On the contrary, a negative change was recorded in the electricity supply (-3.4%) and mining and quarrying (-1.7%) sectors.

It is added that in the manufacturing sector, the most significant positive changes compared to October 2024 were in the production of basic metals and fabricated metal products (+13.8%), the wood products and manufacturing of wood and cork products, except furniture (+9.9%), the manufacture of rubber and plastic products (+8.0%), and the manufacturing of furniture, other manufacturing and repair and installation of machinery and equipment (+7.4%).

Correspondingly, the most significant negative changes were observed in the manufacturing of textiles, wearing apparel and leather products (-6.5%) and the manufacturing of paper and paper products and printing (-5.1%).

Comparing the rates  for the period January-October 2025 with the corresponding period of the previous year, CySTAT reports that the most significant increases were observed in the manufacturing of basic metals and fabricated metal products (+8.7%), the manufacturing of other non-metallic mineral products (+8.5%), the manufacturing of wood and products of wood and cork, except furniture (+8.4%), and in the collection, treatment, and supply of water (+7.2%).

The activities with the most significant decreases in production compared to the period January – October 2024 were those relating to the manufacturing of paper and paper products and printing (-11.2%) and the manufacturing of textiles, wearing apparel and leather products (-6.4%).

(Source: CNA)

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