Over the first seven months of 2026, Cyprus’ industrial price index increased 1.3% compared with the same period in 2025.
Electricity Drives The Monthly Advance
On a month-on-month basis, electricity supply recorded the sharpest increase among the main industrial sectors, with prices rising 9.9%. Manufacturing prices increased 0.2%, as did water supply and materials recovery, while mining and quarrying were unchanged.
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Local-market prices rose 2.3% from June to 130.8 points, while the export market index fell 0.3% to 114.9 points.
Annual Gains Widespread Across Sectors
All four major industrial sectors recorded higher prices in July than a year earlier. Electricity supply led with a 14% increase, followed by water supply and materials recovery at 5.6%, manufacturing at 2.1% and mining and quarrying at 1.6%.
Local-market prices rose 4.6% year over year, while export prices increased 3.3%.
Seven-Month Growth Remains Moderate
From January through July, water supply and materials recovery posted the strongest sectoral increase, at 3.1%. Mining and quarrying rose 2.9%, manufacturing 1.4% and electricity supply 0.7%.
The export market index increased 2.5% over the period, compared with 1.1% growth for the local market index.
Manufacturing Trends Vary By Segment
Electronic and optical products and electrical equipment recorded the largest annual manufacturing price increase, at 11%, followed by basic metals and fabricated metal products at 5.6%. Furniture, other manufacturing, and machinery repair and installation rose 5.2%, while wood products increased 4.3%.
Machinery, motor vehicles and other transport equipment gained 3.2%, other non-metallic mineral products rose 2.1%, and refined petroleum, chemical and pharmaceutical products increased 1.5%. Food, beverages and tobacco declined 0.1%, while textiles, clothing and leather products were unchanged.
Monthly Manufacturing Trends Remain Mixed
Basic metals and fabricated metal products recorded the strongest monthly increase, at 0.6%. Other non-metallic mineral products and machinery, motor vehicles and other transport equipment rose 0.5%, while refined petroleum, chemical and pharmaceutical products increased 0.4%.
Furniture, other manufacturing, and machinery repair and installation recorded the largest monthly decline, at 0.3%. Food, beverages and tobacco and paper products and printing fell 0.1%, while several other segments posted smaller increases or were unchanged.
First Seven Months Show Uneven Sectoral Performance
Electronic, optical and electrical equipment recorded the largest increase during the first seven months, at 6.8%, followed by furniture, other manufacturing, and machinery repair and installation at 5.6%. Wood products rose 2.5%, basic metals and fabricated metal products 2.3%, and machinery, motor vehicles and other transport equipment 1.9%.
Other non-metallic mineral products increased 1.3%, refined petroleum, chemical and pharmaceutical products 0.8%, and rubber and plastic products 0.6%. Food, beverages and tobacco and paper products and printing each rose 0.2%, while textiles, clothing and leather products increased 0.1%.
