Industrial output prices index in Cyprus records annual decrease

The Index of Industrial Output Prices recorded an annual decrease of 1.8% in March 2021 compared to the same month a year ago.

 

According to the Statistical Service of Cyprus, the Index of Industrial Output Prices for March 2021 reached 101.5 units (base 2015=100), recording an increase of 0.2% compared to February 2021.

 

Compared to the corresponding month of the previous year, the index recorded a decrease of 1.8%. For the period January-March 2021, the index showed a decrease of 2.8% compared to the corresponding period of 2020.

 

In March 2021 compared to February 2021, the index remained stable in the sector of mining and quarrying, while it showed a rise in the sectors of manufacturing by 0.3% and water supply and materials recovery by 2.6% and a decrease in the sector of electricity supply by 0.7%.

 

Source: Cyprus News Agency

 

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