Cyprus’ industrial output prices have seen a modest rise in December 2025, as reported by the statistical service, Cystat. The Index of Industrial Output Prices increased to 122.6 units, using 2021 as the base year set at 100 units. This marks a 0.2 per cent increase from November 2025 and a 0.3 per cent rise compared to December 2024.
Industrial output: Monthly Trends Across Industrial Sectors
The year-on-year growth in the index reflects small monthly gains across various sectors. Notably, mining and quarrying prices remained stable in December, with no change from the previous month. However, other sectors showed positive movement.
Water Supply and Manufacturing Growth
- Prices in water supply and materials recovery increased by 0.8 per cent.
- Manufacturing prices rose by 0.3 per cent.
- Electricity supply saw a slight increase of 0.1 per cent.
Year-on-Year Comparisons Reveal Diverse Sector Performance
Looking at the annual data, mining and quarrying prices experienced a significant increase of 8.8 per cent compared to December 2024. In contrast, electricity supply prices held steady, showing no annual change.
Manufacturing Sector Insights
Within the manufacturing segment, various divisions reported higher prices on an annual basis. The manufacture of furniture, other manufacturing activities, and the repair and installation of machinery and equipment saw a notable increase of 4 per cent. Other sectors also demonstrated growth:
- Electronic and optical products, along with electrical equipment, rose by 3.1 per cent.
- Other non-metallic mineral products increased by 1.5 per cent.
- Rubber and plastic products saw a rise of 0.8 per cent.
- Textiles, wearing apparel, and leather products experienced a 0.4 per cent increase.
Declines in Specific Manufacturing Areas
Despite some sectors thriving, others faced challenges. The manufacture of food products, beverages, and tobacco products recorded a decline of 0.8 per cent. Additionally, basic metals and fabricated metal products experienced a decrease of 0.5 per cent.
Annual Overview of the Year 2025
For the entire year, from January to December 2025, the Index of Industrial Output Prices showed a slight decline of 0.3 per cent compared to the same timeframe in 2024. This indicates a mixed performance across the industrial landscape, with certain sectors thriving while others struggled.
