Cyprus’s industrial output has risen by 2.4 per cent year on year, outperforming the eurozone’s average of 1.1 per cent, according to Eurostat’s latest data.
- Cyprus's industrial output has risen by 2.4 per cent year on year, outperforming the eurozone's average of 1.1 per cent, according to Eurostat's latest data.
Industrial output: Eurozone Trends Show Decline
In August 2025, the euro area and the European Union (EU) experienced a decline in industrial production on a monthly basis. Specifically, the euro area saw a decrease of 1.2 per cent, while EU production fell by 1.0 per cent compared to July 2025. This downturn affected all major industrial sectors, with the exception of non-durable consumer goods, which recorded a slight increase of 0.1 per cent.
Cyprus Stands Out Amidst Declines
In contrast to this trend, Cyprus showcased resilience, maintaining a stable industrial output month-on-month. While many member states faced significant declines, Cyprus’s performance remained unchanged, indicating a robust industrial sector amidst broader challenges.
Sector-Specific Insights
The challenges faced by the eurozone were evident across various sectors. Germany experienced the largest monthly decline at 5.2 per cent, followed by Greece with a 4.5 per cent decrease, and Austria at 3.1 per cent. In contrast, Ireland, Luxembourg, and Sweden reported the highest increases, with Ireland leading at 9.8 per cent.
Annually, industrial production in the euro area witnessed declines in intermediate goods, energy, capital goods, and durable consumer goods. However, there was a notable rise in non-durable consumer goods, which increased by 8.2 per cent.
Year-on-Year Performance in Cyprus
The annual increase of 2.4 per cent in Cyprus positions it as one of the few EU countries to report a positive change in industrial output. This figure highlights the relative stability of the island’s industrial sector, especially when compared to the broader eurozone trends.
Comparative Analysis of EU Member States
While Cyprus fared well, other EU member states experienced varying outcomes. The most significant annual increases were noted in Ireland at 28.6 per cent, Luxembourg at 9.5 per cent, and Sweden at 8.3 per cent. Conversely, Bulgaria faced the steepest decline at 8.6 per cent, followed by Slovakia at 6.3 per cent, and Denmark at 5.0 per cent.
