Cyprus industrial prices drop in September

The prices within Cyprus’ industrial sector and manufacturing industry have recorded a new decrease, according to a report released this week by the Cyprus Statistical Service (Cystat).

Specifically, the Producer Price Index (PPI) in industry dropped by 1 per cent year-on-year in September, primarily driven by the electricity supply sector.

The index for September 2024 reached 123.4 units, with 2021 being the base year set at 100 units, marking a 0.4 per cent decrease compared to August 2024.