Cyprus Oct. Industrial Output Drops

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Thursday, the Statistical Service of the Republic of Cyprus announced that the industrial production dropped 8% year-on-year in October, faster than the 7.7% decline in the previous month.

Manufacturing output decreased 13.7% on an annual basis in October, while mining and quarrying output fell 17.2%.

For the January to October period, industrial production dropped 8.6% compared to the same period of the previous year.

Thursday, the Statistical Service of the Republic of Cyprus announced that the industrial production dropped 8% year-on-year in October, faster than the 7.7% decline in the previous month. (Market News Provided by RTTNews)