Industrial production in Cyprus drops by 8.4% in first 11 months of 2020

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Industrial production recorded a drop of 8.4% in the first eleven months of 2020, data released by the Cyprus Statistical Service, on Thursday, show. In particular, according to a CyStat press release, in November 2020, the Industrial Production Index reached 121.1 units (base 2015=100), recording a decrease of 4.1% compared to November 2019. For the period January – November 2020, the index recorded a decrease of 8.4% compared to the corresponding period of the previous year, it says. The sector of manufacturing registered …

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