articles | 08 January 2013

Cyprus industrial output prices rise 7% y/y in Jan-Nov

Despite a year in which industrial production declined sharply, industrial output prices rose by 7% over the year earlier in January-November according to Cystat.

In November alone, industrial output prices fell by 0.4% compared to October 2012, while the manufacturing subindex dropped by 0.1%.

Meanwhile, industrial production fell by 8.8% over the year earlier period in January-October 2012.

In October alone, overall output declined by 6.1% compared with October 2011, while manufacturing dropped by 7.2%.

Source: Financial Mirror

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