Producer Price Index in Cyprus falls 1.7 per cent year-on-year

Cyprus’ Producer Price Index in the industrial sector reported a decline of 1.7 per cent, reaching 138.4 units, for the month of October 2023, according to a report by the Cyprus Statistical Service (Cystat) released this week.

It should be noted that 2015 has been designated as the base year, with a value of 100 units, which subsequent years are measured against.

When compared to the previous October, the index showcased an increase in the mining and quarrying sectors by 6.3 per...