Nicosia:The Index of Industrial Output Prices saw a notable increase of 6.2% in September 2026 compared to the same month in the previous year. This rise is primarily attributed to the escalation in electricity prices, as reported by the Statistical Service.
According to Cyprus News Agency, data from the Statistical Service indicated that for the period of January to September 2026, the index exhibited a 2.1% growth compared to the corresponding period in 2025. The Industrial Producer Price Index for September 2026 was recorded at 130.5 points, based on a 2021 index of 100, reflecting a 2.3% rise from August 2026.
In September 2026, the index remained steady in the mining and quarrying sector but increased in all other areas. Specifically, the electricity supply sector saw a 10.5% rise, water supply and material recovery increased by 1.7%, and manufacturing grew by 0.2% compared to August 2026. Compared to September 2025, all sectors experienced growth, with electricity supply increasing by 21.1%, water supply and materials recovery by 10.3%, manufacturing by 2.4%, and mining and quarrying by 0.8%.
In the manufacturing sector, notable increases were observed in September 2026 compared to the same month in 2025. The manufacture of electronic and optical products, along with electrical equipment, rose by 13.0%. There were also increases in the manufacture of basic metals and fabricated metal products (5.6%), furniture and other manufacturing activities including repair and installation of machinery and equipment (5.2%), wood and wood products excluding furniture (4.5%), and machinery and equipment, motor vehicles, and other transport equipment (2.9%).