Cyprus Industrial Production Index Sees Robust Surge In November 2025

by THEFUTURE.TEAM

January 30, 2026

Data released by the Cyprus Statistical Service confirms a notable lift in industrial activity. In November 2025, the Cyprus Industrial Production Index reached 111.2 units—a striking 8.5% increase from the same month in the previous year—underscoring a dynamic rebound in the nation’s economy.

Overview Of Growth Trends

The index, anchored to the 2021 base year (set at 100 units), has driven an overall annual uptick of 3.7% for the period spanning January 1 to November 30, 2025, compared to 2024. Such a trend is reflective of broader recovery measures and sustained confidence in core industrial sectors.

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Manufacturing Sector Drives Expansion

At the forefront of this progress is the manufacturing sector, which reported a robust 9.6% rise relative to November 2024. Notably, the production of other non-metallic mineral products surged dramatically by 83.6%, and combined advancements in furniture manufacturing, machinery repair, and installation contributed a 10.3% increase. Additionally, wood processing and basic metals manufacturing displayed strong gains of 9.3% and 8.9% respectively, further solidifying industrial resilience.

Sectoral Analysis And Key Contributors

In parallel, the mining and quarrying segment experienced a steep climb of 32.5%, while the water supply and materials recovery sector posted a 4.7% increase. However, not all areas shared this upward momentum; the electricity supply sector registered a modest decline of 0.9% in November, highlighting sector-specific challenges even amidst an overall positive industrial landscape.

Year-To-Date Trends And Future Outlook

From January through November 2025, the manufacturing segment—particularly the production of non-metallic mineral products—remained the standout, with an impressive annual increase of 13.3%. Other significant year-to-date contributors include basic metals and fabricated metal products at 8.7% and wood and cork products at 8.6%. Conversely, the manufacturing of paper products fell by 10.3%, and the textiles, wearing apparel, and leather products sector declined by 5.4%, with the electricity supply industry dropping by 1.8% compared to the previous year.

This comprehensive data underscores the vital role that diversified industrial activities play in shaping Cyprus’s economic landscape. As these sectors continue to evolve, the measured shifts in production not only serve as a barometer for current performance but also offer key insights for strategic decision-making in a globally competitive market.

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Mercedes-Benz Posts Higher Profit Despite China Slowdown

by THEFUTURE.TEAM

July 29, 2026

Mercedes-Benz reported stronger-than-expected second-quarter results, lifting its shares on Tuesday despite mounting pressure from Chinese automakers and a weaker outlook for sales and revenue.

The earnings provided a boost for Europe’s auto sector, where manufacturers continue to grapple with tariffs, softer demand and intensifying competition from Chinese rivals. Volkswagen, Mercedes-Benz and BMW have all accelerated restructuring efforts in response.

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Cost Discipline Lifts Quarterly Profit

Mercedes-Benz shares rose as much as 5.9% following the results before trimming gains to trade 3.5% higher by 1118 GMT. The company reaffirmed its profit margin guidance for its core passenger car business after reporting an adjusted return on sales of 4.0% for the second quarter, above market expectations and within its 3% to 5% target range.

“In an environment where some automakers are ringing alarm bells on their competitive positioning, Mercedes delivered a clear and confident message,” Morningstar analyst Rella Suskin said.

Second-quarter operating profit increased 22% to €1.5 billion ($1.7 billion), despite a 3% decline in revenue. Lower administrative and research and development costs, together with strong performances from the financial services and vans divisions, supported earnings, while the results also included a €131 million gain related to the planned sale of leasing subsidiary Athlon.

China Remains The Key Pressure Point

Despite stronger profitability, Mercedes continues to face a challenging market environment. Sales in China fell 30% during the second quarter, prompting the company to abandon earlier expectations for stable car sales and group revenue. It now expects both to decline slightly from a year earlier.

BMW also lowered its outlook in June following a deeper-than-expected slowdown in China, highlighting the pressure facing Germany’s premium carmakers. At the same time, Mercedes said Chinese manufacturers are increasingly expanding into European markets, although Chief Executive Ola Kaellenius said their focus remains on higher-volume segments rather than the premium market.

“But that is not a reason to sit back and be relaxed,” he said.

Manufacturing Shift Continues

Mercedes is also reshaping its manufacturing footprint. The company said its German factories will undergo a more aggressive push toward leaner production, although it declined to provide further details while talks with labour representatives continue. Production is also being expanded in lower-cost Eastern European locations, including Hungary, where the company is increasing capacity at its Kecskemet plant, as well as in Poland.

Chief Financial Officer Harald Wilhelm said the full-year margin for the passenger car division is expected to come in at the lower end of the company’s guidance range, reflecting a higher share of electric vehicle sales in Europe, which remain more expensive to produce and continue to weigh on profitability.

“We must continue to work flat out to reduce costs so that we can remain competitive on the prices of our products,” Kaellenius said.

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