Cyprus industrial turnover rises 5.6 percent in August 2026

The Statistical Service of Cyprus reported that the Industrial Turnover Index rose by 5.6 percent in August 2026 compared to August 2025, reaching 121.4 points. For the first eight months of the year, the index recorded an overall growth of 4.1 percent compared to the same period in 2025.

Sectoral analysis reveals that mining and quarrying led the annual increase with 12.5 percent, followed by electricity supply at 10.2 percent and water supply and material recovery at 10.1 percent. In the manufacturing sector, the index reached 109 points, marking a 3.7 percent annual increase. Notable growth was observed in electronics and optical equipment production, which surged by 72.3 percent, and the wood and cork industry, which grew by 38.3 percent. Conversely, the sector for machinery, motor vehicles, and other transport equipment experienced a decline of 12.8 percent, while textile production fell by 4.9 percent.

Domestic market activity showed a 6.7 percent growth, while export turnover declined by 1.3 percent during August. For the January–August period, domestic turnover rose by 4.9 percent, while exports saw a slight decrease of 0.7 percent.