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Industrial Production Index: July 2025

From:

  • Statistical Service
29/09/25 17:03  |  Press release  |  Economy and Finance

Annual Change +1,8%

In July 2025, the Industrial Production Index reached 125,8 units (base 2021=100), recording an increase of 1,8% compared to July 2024. For the period January–July 2025, the index recorded an increase of 3,0% compared to the corresponding period of the previous year.

The manufacturing sector registered an increase of 3,7% compared to July 2024. An increase was also observed in water supply and materials recovery (+7,6%). Negative changes were observed in the electricity supply (-8,0%) and mining and quarrying (-1,8%) sectors.

In the manufacturing sector, the most significant positive changes, compared to July 2024, were observed in the manufacturing of basic metals and fabricated metal products (+10,5%), rubber and plastic products (+9,2%), wood and products of wood and cork, except furniture (+6,5%), and other non-metallic mineral products (+6,5%). The most important negative changes were observed in the manufacturing of paper and paper products and printing (-11,9%) and textiles, wearing apparel and leather products (-9,8%).

Comparing the rates of change for the period January–July 2025 against the corresponding period of the previous year, the most significant positive changes were observed in water collection, treatment and supply (+9,0%), the manufacturing of other non-metallic mineral products (+8,7%), the manufacturing of wood and products of wood and cork, except furniture (+7,6%), and the manufacturing of rubber and plastic products (+7,0%). The activities where the most significant negative changes in production were registered compared to the period January–July 2024 were those relating to the manufacturing of paper and paper products and printing (-13,6%), the manufacturing of textiles, wearing apparel and leather products (-5,2%), and electricity supply (-2,7%).

Table
Code (NACE Rev. 2)Economic ActivityIndex (2021=100)Percentage Change (%)
Jul 2025Jul 2025/2024Jan-Jul 2025/2024
ΒMINING AND QUARRYING142,6-1,86,4
CΜANUFACTURING122,03,73,5
10+11+12Manufacture of Food Products, Beverages and Tobacco Products123,52,82,8
13+14+15Manufacture of Textiles, Wearing Apparel and Leather Products137,6-9,8-5,2
16Manufacture of Wood and Products of Wood and Cork, except furniture120,46,57,6
17+18Manufacture of Paper and Paper Products and Printing82,7-11,9-13,6
19+20+21Manufacture of Refined Petroleum Products, Chemicals and Chemical Products and Pharmaceutical Products and Preparations118,81,7-0,5
22Manufacture of Rubber and Plastic Products132,69,27,0
23Manufacture of Other Non-Metallic Mineral Products132,56,58,7
24+25Manufacture of Basic Metals and Fabricated Metal Products130,910,56,7
26+27Manufacture of Electronic and Optical Products and Electrical Equipment85,0-4,1-1,2
28+29+30Manufacture of Machinery and Equipment, Motor Vehicles and Other Transport Equipment154,7-0,9-1,3
31+32+33Manufacture of Furniture, Other Manufacturing and Repair and Installation of Machinery and Equipment112,13,46,2
DELECTRICITY SUPPLY140,8-8,0-2,7
ΕWATER SUPPLY AND MATERIALS RECOVERY141,67,66,9
36Water Collection, Treatment and Supply162,73,89,0
38.3Materials Recovery119,113,84,2
B+C+D+EGENERAL INDEX125,81,83,0

Methodological Information

Scope

The Industrial Production Index reflects the monthly changes of the volume of production in the sectors of mining and quarrying, manufacturing, electricity supply, water supply and materials recovery, that is, sections B, C, D and E of the statistical classification of economic activities NACE Rev. 2 of the European Union (EU). The index does not include sewerage, waste collection, treatment and disposal, and remediation activities, which are codes 37, 38.1, 38.2, and 39 of section E.

Data Collection

The collection of data is conducted by the Statistical Service by telephone enquiries or email. The data collection process starts five to ten days after the end of the reference period and is normally completed within a month and a half. The mining and quarrying sector covers all major quarrying products but not the support activities for the extraction of natural gas. For manufacturing, all enterprises with production value 2.000.000 Euros and over or with 20 or more employees are included in the survey and a sample is selected from enterprises employing less than 20 persons. For electricity supply and water collection, treatment and supply, data is collected from administrative sources.

Compilation Methods and Dissemination Practices

The Industrial Production Index is using 2021 as base year, meaning that it shows the monthly changes in production in relation with the monthly average production of the year 2021. In the base year, the average of the production indices for the twelve months is 100,0. For example, a monthly production index of 103,4 means that the production for the specific month has increased by 3,4% in relation to the monthly average production of 2021.

The aggregated Index of Industrial Production is a weighted average of the production indices of the various subsectors of Industry, as determined in the statistical classification of economic activities NACE Rev. 2. The weights used for the compilation of the index are derived from the value added of the enterprises in the base year (2021) and reflect the value added of each subsector in relation to the total value added of the Industrial sector.

The compilation of the Industrial Production Index follows the provisions of Regulation (EU) 2019/2152 on European business statistics. In addition to gross data, both seasonally and working day adjusted data are transmitted every month to the Statistical Office of the EU (Eurostat). The Index is published at national level only in its gross form.

For more information, visit CYSTAT Portal, subtheme Industry, CYSTAT-DB (Online Database), Predefined Tables (Excel), Methodological Information, or contact Ms Elisavet Zinonos at 22602187 or via email: ezinonos@cystat.mof.gov.cy, or Mr Charalambos Alkiviadous at 22602189 or via email: calkiviadous@cystat.mof.gov.cy.

Data for base year 2021=100 are available only in the CYSTAT-DB Online Database.

(GS/NZ)

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