Cyprus’ industrial sector started 2026 on a stronger footing, with activity picking up across key areas of the economy.
The Industrial Turnover Index rose by 4.1% in January compared with the same month last year, reaching 136.1 points (base year 2021=100), according to data released by the Statistical Service.
Growth was largely driven by solid performance in manufacturing, where the index climbed to 133.7 points, marking a 3.3% annual increase. The sector continues to act as a backbone of industrial activity, sustaining momentum at the start of the year.
Energy-related sectors also recorded notable gains. Turnover in electricity supply surged by 9%, while water supply and materials recovery rose by 6.2%, reflecting stronger demand and ongoing activity in essential services.
Not all sectors shared in the upward trend. Mining and quarrying recorded a sharp 10.1% decline, standing out as the only major drag on overall industrial performance.
Despite this drop, the broader picture points to a resilient industrial base, with most sectors contributing to the January increase and signalling a positive start to 2026.
Source: CNA
