Cyprus’ industrial production declined by 1.6 per cent month-on-month in February 2026, even as the country maintained positive annual growth, according to a report from Eurostat.

The latest figures showed that Cyprus industrial output fell compared with January 2026, when it had increased by 2 per cent, following a decline of 1.5 per cent in December 2025 and a rise of 1.5 per cent in November 2025.

On an annual basis, however, Cyprus recorded a 0.8 per cent increase in February 2026, compared with stronger growth of 5.4 per cent in January, 2.8 per cent in December 2025, and 10 per cent in November 2025.

Across the euro area, industrial production increased by 0.4 per cent in February 2026 compared with January, recovering from a decline of 0.8 per cent recorded the previous month.

Similarly, industrial production in the European Union rose by 0.4 per cent month-on-month, after falling by 0.9 per cent in January 2026.

In annual terms, industrial production decreased by 0.6 per cent in the euro area, while the European Union recorded a smaller decline of 0.1 per cent compared with February 2025.

The breakdown by industrial grouping showed that in the euro area, production of intermediate goods rose by 0.5 per cent, while energy output declined by 2.1 per cent.

Production of capital goods increased by 1.0 per cent, while durable consumer goods fell by 1.3 per cent, and non-durable consumer goods rose by 2.6 per cent.

In the European Union, intermediate goods increased by 0.3 per cent, while energy fell by 2.0 per cent, Eurostat reported.

Capital goods rose by 1.1 per cent, durable consumer goods declined by 0.8 per cent, and non-durable consumer goods increased by 2.0 per cent.

Among member states, the highest monthly increases were recorded in Ireland at 5.7 per cent, Finland at 3.3 per cent, and Sweden at 3.2 per cent.

At the same time, the largest monthly decreases were observed in Malta at 6.0 per cent, Luxembourg at 4.6 per cent, and Greece at 2.1 per cent.

Looking at annual comparisons, euro area industrial production declined by 1.5 per cent for intermediate goods, while energy output increased by 2.0 per cent.

Capital goods rose by 2.5 per cent, while durable consumer goods fell by 1.9 per cent and non-durable consumer goods declined by 5.4 per cent.

Across the European Union, intermediate goods also fell by 1.5 per cent, while energy rose by 1.7 per cent.

Capital goods increased by 3.0 per cent, while durable consumer goods declined by 1.8 per cent and non-durable consumer goods dropped by 3.8 per cent.

The largest annual decreases were recorded in Luxembourg at 17.0 per cent, Ireland at 10.0 per cent, and Bulgaria at 8.0 per cent.

Conversely, the highest annual increases were observed in Sweden at 7.7 per cent, Belgium at 7.4 per cent, and Denmark at 5.8 per cent.