Industrial production accelerates in January

Cyprus’ Index of Industrial Production for January 2019 increased by 7.5% compared with the respective year of 2018, Cyprus Statistical Service said on Thursday.

According to Cystat, the Industrial Production Index reached to 124.5 units (base 2015=100), compared with 122.6 units the previous month and 115.8 units in January 2018.

In manufacturing, the index for January 2019 reached 124.7 units, recording an increase of 6.9% compared to January 2018, Cystat added.

Source: Cyprus News Agency