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Cyprus industrial turnover up 5.6% in August

The Turnover Value Index of Industry in Cyprus increased by 5.6% year-on-year in August 2026, reaching 121.4 points, according to data released by CySTAT.

For the period of January to August 2026, the index recorded an increase of 4.1% compared with the corresponding period of 2025.

Among the individual sectors, the largest annual increase was recorded in mining and quarrying, at 12.5%, followed by electricity supply, which rose by 10.2%, and water supply and materials recovery, up 10.1%.

In manufacturing, the index increased by 3.7% year-on-year, reaching 109 points.

Among manufacturing activities, the strongest growth was recorded in the manufacture of computer, electronic and optical products and electrical equipment, which surged by 72.3%. The manufacture of wood and wood products, excluding furniture, increased by 38.3%, while the manufacture of rubber and plastic products rose by 27%.

In contrast, the manufacture of machinery and equipment, motor vehicles and other transport equipment recorded a decline of 12.8%, while the manufacture of textiles, wearing apparel and leather products fell by 4.9%.

A divergence was also recorded between domestic and export industrial turnover. The domestic index increased by 6.7% in August compared with the same month in 2025, while the export index declined by 1.3%.

For the January-August period, the domestic index rose by 4.9%, whereas the export index recorded a decrease of 0.7%.

(Source: CNA)