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Famagusta Gazette

News From Cyprus

Cyprus: Industrial Turnover Index: November 2024

ByFamagusta Gazette

Feb 6, 2025

In November 2024, the Industrial Turnover Index reached 125,3 units (base 2021=100), recording a decrease of 5,6% compared to November 2023. For the period January-November 2024, the index recorded an increase of 1,2% compared to the corresponding period of the previous year.

In manufacturing, the Industrial Turnover Index for November 2024 reached 124,6 units, recording a decrease of 2,5% compared to November 2023. Decreases were also recorded in the sectors of mining and quarrying (-24,0%) and electricity supply (-18,8%). An increase was noted in the sector of water supply and materials recovery (+4,7%).

Table

Code(NACE Rev. 2)

Economic Activity

Index(2021=100)

Percentage Change (%)

Nov2024

Nov2024/2023

Jan-Nov2024/2023

Β

MINING AND QUARRYING

126,9

-24,0

9,5

C

ΜANUFACTURING

124,6

-2,5

3,6

10+11+12

Manufacture of Food Products, Beverages and Tobacco Products

119,8

1,2

4,1

13+14+15

Manufacture of Textiles, Wearing Apparel and Leather Products

132,4

-1,3

-2,0

16

Manufacture of Wood and Products of Wood and Cork, except furniture

148,5

9,4

0,9

17+18

Manufacture of Paper and Paper Products and Printing

110,4

-7,8

-10,8

19+20+21

Manufacture of Refined Petroleum Products, Chemicals and Chemical Products and Pharmaceutical Products and Preparations

137,8

23,1

5,8

22

Manufacture of Rubber and Plastic Products

124,6

1,1

4,9

23

Manufacture of Other Non-Metallic Mineral Products

96,6

-38,3

-1,8

24+25

Manufacture of Basic Metals and Fabricated Metal Products

147,8

5,6

7,1

26+27

Manufacture of Electronic and Optical Products and Electrical Equipment

108,7

-3,1

8,2

28+29+30

Manufacture of Machinery and Equipment, Motor Vehicles and Other Transport Equipment

145,0

15,8

15,4

31+32+33

Manufacture of Furniture, Other Manufacturing and Repair and Installation of Machinery and Equipment

128,0

-9,8

1,8

D

ELECTRICITY SUPPLY

126,0

-18,8

-9,0

Ε

WATER SUPPLY AND MATERIALS RECOVERY

136,3

4,7

9,4

36

Water Collection, Treatment and Supply

162,6

4,6

11,6

38.3

Materials Recovery

106,6

4,9

5,7

B+C+D+E

GENERAL INDEX

125,3

-5,6

1,2

 

Local

127,4

-8,1

0,9

 

Export

114,7

11,5

3,2

Famagusta Gazette