Annual Change 0.0%
The Producer Price Index in Industry for the month of November 2025 reached 122,1 points (base 2021=100), recording a decrease of 0,7% compared to October 2025. As for the change compared to the corresponding month of the previous year, no change is observed. For the period January-November 2025, the index recorded a decrease of 0.3% compared to the corresponding period of 2024.
In November 2025, compared to October 2025, the index remained stable in the mining and quarrying sector, while it recorded an increase in water supply and material recovery by 1.1%. A decrease was recorded in the supply of electricity (-2.8%) and manufacturing (-0.2%).
In terms of changes compared to the corresponding month of the previous year, an increase is observed in the sectors of mining and quarrying (8,8%), water supply and material recovery (1,4%) and manufacturing (0,1%), while a decrease is observed in the supply of electricity (-1,1%).
By manufacturing sector, in November 2025 compared to the corresponding month of the previous year, increases were recorded in the manufacture of furniture, other manufacturing activities and repair and installation of machinery and equipment (3,1%), in the manufacture of electronic and optical products and electrical equipment (2,0%), in the production of other non-metallic mineral products (1,5%), in the manufacture of products of rubber and plastics (0,8%), in the production of textiles, clothing and leather goods (0.4%) and in the production of refined petroleum products, chemicals and products and pharmaceutical products and preparations (0.4%), while a decrease was recorded in the food, beverages and tobacco products industry (-1.0%) and in the manufacture of paper and paper and printing products (-0.4%).
| Table 1 | |||||
| Economic Activity | Index (2021=100) | Percentage Change (%) | |||
| Oct. 2025 | Nov. 2025 | Nov 2025/ Oct 2025 | Nov 2025/2024 | Jan-Nov 2025/2024 | |
| Mines and Quarries | 135,8 | 135,8 | 0,0 | 8,8 | 7,0 |
| Processing | 119,5 | 119,3 | -0,2 | 0,1 | 0,8 |
| Power Supply | 142,9 | 138,9 | -2,8 | -1,1 | -4,7 |
| Water Supply and Material Recovery | 106,1 | 107,3 | 1,1 | 1,4 | -2,8 |
| General Index Domestic Export |
122,9 125,1 111,7 | 122,1 124,1 112,0 | -0,7 -0,8 0,3 |
0,0 0,0 0,3 |
-0,3 -0,5 0,6 |
| Note: The data for October 2025 in the Water Supply and Material Recovery sector and November 2025 in the Power Supply and Water Supply and Material Recovery sectors are preliminary. | |||||
| Table 2 | ||||
| NACE Rev.2 | Economic Activity | Percentage Change (%) | ||
| Nov 2025/ Oct 2025 | Nov 2025/2024 | Jan-Nov 2025/2024 | ||
| C | Processing | -0,2 | 0,1 | 0,8 |
| 10+11+12 | Food, Beverage and Tobacco | -0,4 | -1,0 | -0,5 |
| 13+14+15 | Manufacture of Textiles, Clothing and Leather Goods | 0,0 | 0,4 | 2,4 |
| 16 | Wood Industry and Manufacture of Wood and Cork Products, except Furniture | 0,2 | 0,1 | 0,6 |
| 17+18 | Manufacture of Paper and Paper Products and Printing | 0,1 | -0,4 | 2,8 |
| 19+20+21 | Manufacture of Refined Petroleum Products, Chemicals and Products and Pharmaceuticals and Preparations | 0,0 | 0,4 | 2,0 |
| 22 | Manufacture of Rubber and Plastic Products | 0,0 | 0,8 | 0,4 |
| 23 | Production of other non-metallic mineral products | -0,1 | 1,5 | 1,3 |
| 24+25 | Production of Basic Metals and Manufacture of Metal Products | -0,1 | 0,0 | 0,7 |
| 26+27 | Manufacture of Electronic and Optical Products and Electrical Equipment | -0,1 | 2,0 | 4,5 |
| 28+29+30 | Manufacture of Machinery and Equipment, Motor Vehicles and Other Transport | 0,1 | 0,3 | 1,6 |
| 31+32+33 | Furniture Manufacturing, Other Manufacturing Activities and Repair and Installation of Machinery and Equipment | 0,2 | 3,1 | 3,9 |
Methodological Information
Definitions
The Producer Price Index in Industry is a monthly index and is a composition of the individual Producer Price Indices of the domestic and external markets.
For the prices of products placed on the domestic market, the selling prices are collected excluding VAT and other duties or taxes on the products.
For the prices of products placed on the external market, FOB (free on board) prices are collected and include all charges until the goods are loaded onto the means of transport for their export destination.
The prices chosen for the compilation of the index refer mainly to the transactions between the companies that produce and sell the items selected for pricing and the companies that buy them, regardless of whether these items are then used as raw materials for the production of other products or are resold.
Purpose of the Index
The monthly Producer Price Index in Industry expresses the evolution of prices in the sectors of mining and quarrying, manufacturing industries, electricity supply and water supply and material recovery, i.e. sectors B, C, D and E of the statistical classification of economic activities NACE Rev. 2 of the European Union (EU). The indicator does not include wastewater treatment, waste collection, treatment and disposal and remediation activities, i.e. codes 37, 38.1, 38.2 and 39 of Sector E. The index may be an early indication of inflationary pressures in the economy. The overall index is broken down into an index for the domestic market and an export index.
Data Collection
The collection of data for the mining and quarrying, manufacturing industries and material recovery sectors is carried out by the Statistical Service through telephone interviews and e-mail. Prices are obtained after the first Thursday of each month from a sample of businesses. For the supply of electricity and the collection, treatment and supply of water, data are obtained from administrative sources.
Calculation Method
The Producer Price Index in Industry has 2021 as its base year, i.e. it shows the monthly change in prices in relation to the monthly average of prices in 2021. In the base year, the average of the Producer Price Indices for the twelve months is 100.0. For example, if the Producer Price Index for a month is 112.3 for an activity, this means that prices for that activity increased that month by 12.3% compared to the average monthly value of 2021.
For the compilation of the total Producer Price Index in Industry, the weighted average of the individual indices for the various sectors of Industry, as defined in the statistical classification of economic activities NACE Rev. 2. The factors used for the weighting are derived from the total sales of the enterprises during the base year (2021) and reflect the turnover of each subsector in relation to the total turnover of the Industry sector.
The compilation of the Producer Price Index in Industry is carried out in the context of the implementation of Regulation (EU) 2019/2152 on European business statistics. The Index is sent monthly to the Statistical Office of the EU (Eurostat).
For more information, interested parties can visit the Statistical Service Portal, subtopic Industry, CYSTAT-DB (Database), Predefined Tables (Excel), Methodological Information or contact Ms. Evangelia Menelaou by phone at 22602165 or by e-mail at emenelaou@cystat.mof.gov.cy.
Data for base year 2021=100 are only available in the CYSTAT-DB Database.
