Industrial production at the highest level since 2012

The industrial production in 2017 reached its highest level in five years, recording an increase of 7.6% compared to 2016, figures published by the Statistical Service of Cyprus on Tuesday have shown.

Cystat reported that the Index of Industrial Production for December 2017 reached 90,0 units (base 2010=100), recording an increase of 6.5% compared to December 2016.

Between January � December 2017, the index showed an increase of 7.6% compared to the corresponding period of the previous year.

In manufacturing, the index reached 90,5 units in December 2017, presenting an increase of 12.3% compared to December 2016.

Source: Cyprus News Agency