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Eurostat Reports 0.2% Increase In EU Market Production

Overview Of Market Trends

Eurostat data show that total market production in the European Union increased by 0.2% in December 2025 compared with the previous month. Over the same period, the euro area recorded a 0.1% decline. The figures are based on the Total Market Production Index (TMPI), which combines short-term business statistics from several sectors of the economy.

Sectoral Performance Highlights

The index incorporates data from industry, construction, services and trade volume. Construction and trade recorded the strongest monthly increases, rising by 1.2% and 1.0% respectively. Services increased by 0.3%, while industrial production declined by 0.8%.

Year-Over-Year Trends

Compared with December 2024, total market production in the EU increased by 1.2%. In the euro area, production rose by 0.9% over the same period. These figures indicate different developments across sectors of the economy during the final month of the year.

Implications For The Market Economy

The Total Market Production Index combines data from several sectors to provide an overview of short-term economic activity. Trade volume contributed to overall growth, while declines in industrial production limited the increase recorded during the month.

Cyprus Services Sector Shows Robust Performance In 2025 As Tourism, Digital Innovation, And Shipping Surge

The Employers and Industrialists Federation (OEV) reported growth across Cyprus’ services sector in 2025, with increases recorded in tourism, professional services and administrative activities. Data show continued expansion across multiple sub-sectors, reinforcing the role of services in economic output and employment.

Service Sector Leadership

Accommodation and food services grew by 9.5%, while administrative and support activities increased by 7.4%. Professional, scientific and technical activities rose by 4.6%, followed by information and communication at 4.3%. Transport and storage recorded growth of 2.8%, while real estate activity increased by 0.4%. These figures indicate broad-based expansion across service industries.

A Remarkable Tourism Surge

Tourist arrivals reached 4,534,073 in 2025, marking a 12.2% increase year-on-year. December arrivals totaled 156,959, up 18% compared with the same period a year earlier. Tourism continues to support revenue generation and seasonal demand across the economy. Growth in visitor numbers contributes to activity in hospitality and related sectors.

Driving Digital Transformation

OEV is supporting digital adoption through initiatives such as the DiGiNN Cyprus Digital Innovation Hub. The program focuses on improving business processes, skills development and technology integration. Additional efforts include the establishment of a Digital Transformation and Innovation Committee and international engagement through business missions. These actions support the adoption of digital tools across sectors.

Resilient Shipping Sector

Shipping accounted for about 7% of Cyprus’s GDP in 2025, remaining a key component of the economy. The Cyprus Registry recorded its highest tonnage in 20 years, with an increase of nearly 20%. Fleet growth strengthens Cyprus’ position within European Union shipping registries and global maritime markets. The sector continues to contribute to economic stability.

Strengthening The Economic Foundation

OEV is organizing conferences, workshops and exhibitions to support business development across sectors. These initiatives focus on improving operational practices and industry collaboration. Continued investment in services and digital infrastructure is expected to support economic performance.

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