**Cyprus Industrial Output Prices Edge Up in June 2026**
The Cyprus Statistical Service (Cystat) has released its latest report indicating a notable increase in the Index of Industrial Output Prices for June 2026. The index recorded an annual rise of 2.3 percent, reaching 125.8 units, with 2021 serving as the base year at 100 points. This figure also reflects a month-on-month increase of 0.3 percent compared to May 2026.
Over the first half of 2026, the index demonstrated an overall growth of 0.8 percent when compared to the same period in 2025. This upward trend highlights a gradual increase in industrial output prices across various sectors.
In June 2026, industrial output prices in key sectors such as mining and quarrying, manufacturing, and electricity supply all saw a month-on-month increase of 0.3 percent. However, the water supply and materials recovery sector was the only division to experience a decline during this timeframe, with a decrease of 0.2 percent.
When analyzing the annual changes, all main industrial sectors reported price gains in June 2026 compared to the previous year. The water supply and materials recovery sector led the annual inflation rates, surging by an impressive 5.8 percent. Following closely, the electricity supply sector recorded a growth of 3.6 percent year-on-year. The manufacturing sector also showed positive results, with prices increasing by 1.8 percent, while mining and quarrying saw a rise of 1.6 percent.
A closer look at individual manufacturing divisions reveals significant variations in price changes. The manufacture of electronic and optical products, as well as electrical equipment, experienced the largest annual price surge, skyrocketing by 10.8 percent. Additionally, the manufacture of furniture, other manufacturing, and the repair and installation of machinery and equipment saw a substantial increase of 5.6 percent.
The production of basic metals and fabricated metal products also saw a notable price rise of 5.2 percent over the twelve-month period. Furthermore, producers in the wood and wood products sector, excluding furniture but including cork, pushed prices up by 4.1 percent. The manufacture of machinery, motor vehicles, and other transport equipment experienced an annual price growth of 2.6 percent.
In contrast to these gains, the sector encompassing food products, beverages, and tobacco products recorded a slight annual decrease of 0.2 percent. Meanwhile, prices within the manufacture of textiles, wearing apparel, and leather products remained unchanged compared to the previous year.
The data presented by Cystat underscores the ongoing fluctuations in industrial output prices across Cyprus, reflecting broader economic trends and sector-specific dynamics. As the country continues to navigate its industrial landscape, these statistics will be vital for policymakers, businesses, and economists in assessing economic health and making informed decisions moving forward.