Cyprus: Industrial output rebounds in February
Industrial production rose 3.8% year-on-year in February, rebounding from January’s 1.6% fall which had marked the steepest drop since mid-2019. February’s upturn was primarily driven by a solid pick-up in manufacturing output and a rebound in electricity supply production compared to the previous month.
Meanwhile, the annual average growth in industrial production dipped to 2.3% from January’s 2.6%.