ARTICLE
10 February 2023

Index Of Industrial Output Prices: December 2022

Ki
KPMG in Cyprus
Contributor
KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
The Index of industrial output prices for December 2022 reached 138,6 units (base 2015=100), recording an increase of 0,3% compared to November 2022.
Cyprus Energy and Natural Resources
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The Index of industrial output prices for December 2022 reached 138,6 units (base 2015=100), recording an increase of 0,3% compared to November 2022. Compared to the corresponding month of the previous year, the index recorded an increase of 18,7%. For the period January-December 2022, the index showed an increase of 22,4% compared to the corresponding period of 2021.

In December 2022 compared to November 2022, the index remained stable in the sectors of mining and quarrying and electricity supply, while it showed a rise in the sector of manufacturing by 0,4%. In the sector of water supply and materials recovery the index recorded a decrease of 1,0%.

Compared to the corresponding month of the previous year, an increase was recorded in all sectors, as follows: electricity supply 40,1%, mining and quarrying 14,3%, manufacturing 12,6% and water supply and materials recovery 4,9%.

By division of economic activity in manufacturing, in December 2022 compared to the corresponding month of the previous year, increases were recorded in all economic activities. The most significant were observed in the manufacture of other non-metallic mineral products (19,8%), the manufacture of food products and beverages (14,6%), the manufacture of wood and products of wood and cork, except furniture (13,2%), the manufacture of paper and paper products and printing (12,4%), the manufacture of basic metals and fabricated metal products (12,4%) and the manufacture of rubber and plastic products (9,6%).

Source:Cystat

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ARTICLE
10 February 2023

Index Of Industrial Output Prices: December 2022

Cyprus Energy and Natural Resources
Contributor
KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
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