industrial output — industrial output — Cyprus’ industrial production index recorded an annual increase of 4.7 per cent in March, according to a report from the state statistical service (Cystat). The index reached 116.7 units for the month, using 2021 as the base year set at 100 units, marking a notable improvement compared to March 2025.
- Food products, beverages, and tobacco also saw an upward trend, with a 3.5 per cent annual increase, demonstrating resilience in consumer goods manufacturing.
- Textiles, wearing apparel, and leather products also remained under pressure, posting a 4.7 per cent drop during the January to March timeframe.
The robust performance in March has positively influenced the cumulative figures for the first quarter of 2026, where the index rose by 1.5 per cent compared to the previous year. This growth signifies a rebound in industrial activity, particularly in the manufacturing sector, which saw an increase of 2.8 per cent compared to the same month last year.
Industrial output: Electricity Supply Leads the Way
A standout contributor to this growth was the electricity supply sector, which surged by an impressive 19.0 per cent. This sharp rise reflects an expanding energy market that supports various industrial activities across the island.
Mining and Quarrying on the Rise
The mining and quarrying sector also reported a significant increase of 9.2 per cent. This sector’s growth, along with improvements in water supply and materials recovery, which rose by 3.9 per cent, underscores the overall positive trend in Cyprus’ industrial landscape.
Manufacturing Sector Insights
Within manufacturing, certain categories showed substantial growth. The production of basic metals and fabricated metal products climbed by 8.5 per cent, indicating strong demand in this area. Similarly, rubber and plastic products marked a 7.1 per cent increase, while other non-metallic mineral products grew by 4.5 per cent.
Food products, beverages, and tobacco also saw an upward trend, with a 3.5 per cent annual increase, demonstrating resilience in consumer goods manufacturing.
Challenges in Specific Manufacturing Areas
Despite the overall positive figures, some segments faced challenges. The manufacturing of machinery and equipment, as well as motor vehicles and other transport equipment, saw declines of 4.8 per cent. Additionally, the furniture sector and other manufacturing areas, including machinery repair and installation, fell by 3.9 per cent.
Year-to-Date Performance Highlights
In the broader analysis for the January to March period, water collection, treatment, and supply emerged as the most substantial growth area, rising by 10.1 per cent. Electricity supply maintained strong momentum through the first quarter, with a 7.4 per cent increase.
The manufacturing of basic metals and fabricated metal products followed closely, recording a 6.4 per cent rise compared to the same period in 2025. However, the manufacturing of furniture and machinery continued to struggle, with declines of 6.2 per cent and 5.4 per cent, respectively.
Textiles, wearing apparel, and leather products also remained under pressure, posting a 4.7 per cent drop during the January to March timeframe.
