Nicosia: The May Industrial Turnover Index recorded an increase by 5.4% on an annual basis.
According to Cyprus News Agency, in May 2025, the Industrial Turnover Index reached 140.1 units (base 2021=100), marking a rise compared to May 2024.
For the period from January to May 2025, the index showed an increase of 4.5% compared to the same period of the previous year. In the manufacturing sector, the Industrial Turnover Index for May 2025 reached 143.2 units, reflecting a 9.3% increase from May 2024.
Increases were also observed in the mining and quarrying sector, which rose by 27.1%. However, decreases were recorded in the electricity supply sector, which fell by 11.3%, and in the water supply and materials recovery sector, which dropped by 5.2%.