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Next Previous Annual increase of 5.2% in industrial production in January HOME • INSIDER • CYPRUS • Annual increase of 5.2% in industrial production in January
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An increase of 5.2% was recorded by the Industrial Production Index for the month of January 2022 compared to January 2021, reaching 124.6 points (base 2015 = 100).
< p>According to a press release of the Statistical Service of Cyprus, in the manufacturing sector there was an increase of 0.2% compared to January 2021. An increase was also recorded in the sectors of water supply and materials recovery (+ 34.7%) and electricity supply current (+ 20.3%). The mining and quarrying sector decreased by 11.1% compared to January 2021.
In the manufacturing sector, the most significant positive changes compared to January 2021 were presented in the economic activities: textile production materials, clothing and leather goods (+ 59.6%), manufacture of electronic and optical products and electrical equipment (+ 40.0%), manufacture of furniture, other manufacturing activities and repair/installation of machinery and equipment (+ 18.1%) ) and construction of machinery and equipment, motor vehicles and other transport equipment (+ 13.6%).
& nbsp; Negative changes were observed in the construction activities of other non-metallic mineral products (-22.2%), wood and cork products, except furniture (-12.8%), paper, paper products and printing (-12.4%) and base metal products and metal products beings (-10.5%).
