Cyprus decline in Industrial Output Prices Index

The Industrial Output Prices Index for January 2014 recorded a decrease in Cyprus, as well as in the Eurozone and the EU, according to Eurostat.

For January 2014, the index showed a decrease of 0.2% in Cyprus, 0.3% in the Eurozone and 0.4% in the EU, compared to December 2013. On an annual basis, the index showed a decrease of 4.8% in Cyprus, the largest decrease recorded in the EU, while the decrease was 1.4% in the Eurozone and 1.2% in the EU, compared with January 2013.

Source: Famagusta Gazette