Cyprus: Industrial output gathers momentum in September
Industrial production rose a solid 5.0% year-on-year in September, up from August’s revised 4.2% increase (previously reported: +3.7% year-on-year) a marking a seven-month high. September’s acceleration was mainly driven by quickening manufacturing output and a swing to growth of the mining and quarrying sector.
Meanwhile, the annual average growth in industrial production edged down to 4.6% in September from 4.8% in August.