Cyprus industrial output rises as production falls across the EU

Industrial production in Cyprus increased by 2 per cent in January 2026 compared with December 2025, even as overall production declined across the European Union and the euro area, according to Eurostat.

Specifically, the statistical office of the European Union reported that seasonally adjusted industrial production fell by 1.5 per cent in the euro area and by 1.6 per cent in the EU in January 2026, compared with the previous month.

The figures marked a deterioration from December 2025, when industrial production had declined by 0.6 per cent in the euro area and by 0.1 per cent in the EU.

In contrast, Cyprus recorded a monthly increase of 2 per cent in industrial output in January 2026, reversing a 1.4 per cent decline in December 2025.

The improvement followed a series of modest monthly increases in the preceding months, with production in Cyprus rising 1.2 per cent in November 2025 and 0.2 per cent in October 2025.

Across the euro area, the monthly decline in industrial production in January 2026 reflected widespread decreases across most industrial groupings.

Output of intermediate goods in the euro area fell by 1.9 per cent, while capital goods production declined by 2.3 per cent during the same period.

Production of durable consumer goods dropped by 1.9 per cent, while non-durable consumer goods recorded a sharper fall of 6.0 per cent.

Energy production represented the only category to expand in the euro area, rising by 4.7 per cent compared with December 2025.

Across the EU as a whole, industrial production also declined in most categories in January 2026, mirroring the pattern observed in the euro area.

Production of intermediate goods in the EU fell by 2.0 per cent, while capital goods production decreased by 2.3 per cent.

Output of durable consumer goods declined by 1.9 per cent, while non-durable consumer goods recorded a drop of 6.0 per cent.

As in the euro area, energy production was the only segment to record growth in the EU, increasing by 4.2 per cent compared with the previous month.

At the member state level, the largest monthly decreases in industrial production were recorded in Ireland, Luxembourg and Sweden.

Industrial output in Ireland fell by 9.8 per cent, while Luxembourg recorded a decline of 4.3 per cent and Sweden 4.1 per cent.

The highest monthly increases in industrial production were observed in Portugal, Latvia and Lithuania.

Industrial output in Portugal rose by 4.2 per cent, followed by Latvia with an increase of 3.3 per cent and Lithuania with 2.7 per cent.

In annual terms, industrial production in January 2026 declined by 1.2 per cent in the euro area compared with January 2025.

Across the EU, industrial production decreased by 0.6 per cent year-on-year in January 2026.

The annual data showed mixed developments across industrial categories in the euro area.

Production of intermediate goods declined by 2.1 per cent year-on-year, while durable consumer goods dropped by 3.5 per cent.

Output of non-durable consumer goods fell by 6.4 per cent compared with January 2025, representing the largest decline among the industrial groupings.

At the same time, energy production in the euro area increased by 5.8 per cent year-on-year, while capital goods output rose by 1.1 per cent.

Across the EU, intermediate goods production declined by 2.2 per cent compared with January 2025, while durable consumer goods output fell by 3.5 per cent.

Production of non-durable consumer goods in the EU dropped by 4.5 per cent on an annual basis, while capital goods output increased by 1.7 per cent.

Energy production across the EU also recorded growth, rising by 5.2 per cent compared with January 2025.

Among individual member states, the largest annual declines in industrial production were recorded in Luxembourg, Ireland and Bulgaria.

Industrial output in Luxembourg fell by 14.9 per cent year-on-year, while Ireland recorded a decline of 13.1 per cent and Bulgaria a drop of 8.6 per cent.

The highest annual increases in industrial production were observed in Latvia, Denmark and Estonia.

Industrial output in Latvia increased by 13.3 per cent, while Denmark recorded growth of 11.5 per cent and Estonia 5.9 per cent.