Cyprus’ industrial output price index reached 122.1 units in January 2026, marking a marginal annual increase of 0.2 per cent, according to the state statistical service (Cystat).

This latest figure, which uses 2021 as a base year of 100 units, actually represented a monthly decrease of 0.6 per cent when compared to the levels recorded in December 2025.

The monthly drop was primarily influenced by the electricity supply sector, which saw its prices fall significantly by 4.4 per cent during the transition from the end of the year.

Conversely, other sectors experienced upward pressure during January 2026, with the water supply and materials recovery segment recording an increase of 1.9 per cent compared to the previous month.

The mining and quarrying sector also saw a modest monthly rise of 0.4 per cent, while the manufacturing industry recorded a slight increase of 0.2 per cent over the same period.

When looking at the annual performance compared to January 2025, the mining and quarrying sector posted the most substantial growth with an increase of 7.9 per cent.

The water supply and materials recovery sector grew by 0.9 per cent year-on-year, while the manufacturing sector saw its prices rise by 0.6 per cent.

Despite these gains, the overall index was tempered by the electricity supply sector, which recorded an annual price decrease of 2.1 per cent.

Within the specific divisions of the manufacturing industry, the electronic and optical products and electrical equipment segment saw a notable price hike of 5.0 per cent over the twelve-month period.

The sector covering furniture, other manufacturing, and the repair and installation of machinery and equipment followed closely with an annual increase of 4.3 per cent.

Prices for the manufacture of machinery, motor vehicles, and other transport equipment rose by 1.6 per cent compared to the previous January.

Other non-metallic mineral products experienced a 0.8 per cent rise, while refined petroleum, chemicals, and pharmaceutical products saw a slight increase of 0.6 per cent.

On the other hand, a decrease of 0.3 per cent was recorded for both basic metals and the manufacture of food products, beverages, and tobacco products.