articles | 29 November 2016

Cyprus' industrial sector grows in 2015

The industrial sector in 2015 registered a positive growth rate in real terms after six years of recession, according to the annual report 'Industrial Statistics, 2015' published by the Statistical Service of Cyprus.

At the same time, according to the latest data, industrial production for the nine months of 2016 increased by 8.4%.

On the basis of provisional estimates, for 2015 growth rate for the whole of the sector recorded an increase of 2.9% in 2015, compared to decreases of 0.3% in 2014 and 6.9% in 2013.

Source: CNA

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