Insider Business Industrial production down by 10.6% in first four months of 2020, by...

Industrial production down by 10.6% in first four months of 2020, by 35.3% in April

Industrial production was down by 10.6% on an annual basis in the first four months of the year, while it fell by 35.3% in April, data released by the Cyprus Statistical Service on Monday show.

In particular, in April 2020, the second month during which COVID-19 containment measures continued to apply in Cyprus, the Index of Industrial Production reached 79.0 units (base 2015=100), recording a decrease of 35.3% compared to April 2019, CyStat says.

During the period January – April 2020, the index fell by 10.6% compared to the corresponding period of the previous year.

In manufacturing, the index for April 2020 reached 83.2 units, recording a decrease of 37.8% compared to April 2019. During the period January – April 2020, the manufacturing sector recorded a drop of 10.8% compared to the same period of the previous year.

(CNA)

Top Stories

Fourteen new corona virus cases detected out of 3,387 tests

According to the Epidemiological Surveillance Unit of the Ministry of Health 14 new cases of the SARS-CoV-II virus were detected out of a total...

Steps taken for the reduction of nuisance in cities

Measures are being taken by police to alleviate the phenomenon of public nuisance caused during the night hours in the cities. In addition to daily...

Remdesivir quantities in Cyprus – fight against Covid-19 intensified

Health Minister Konstantinos Ioannou said that Cyprus has received quantities of the medicine Remdesivir, strengthening its arsenal in the fight against the corona virus. In...

Three people wanted for shoplifting in Paphos

A store owner in Paphos made a formal complaint to police on Thursday claiming that three people - two men and a woman who...

Archaeologists find 1800-year-old entrance to historic Zerzevan castle in eastern Turkey

The 1800-year-old entrance to historic Zerzevan Castle, which is on the UNESCO World Heritage Tentative List has been unearthed by archaeologists in eastern Turkey. Excavations...

Taste

Octopus ‘Kathisto’ (or Octopus braised in Wine)

Ingredients: 1/2 cup Greek extra virgin olive oil 2 medium onions, chopped fine 1 large octopus, about 2kg (cleaned and kept whole) 3/4 cup dry red wine 1/3 cup...

Homemade lemonade

Ingredients: 1 cup lemon juice 1 cup sugar Method: Thoroughly wash the lemons with soap and warm water. Roll each lemon with the palm of your hand, pressing...

‘Striftaria’ mini cheese pies

Ingredients 1 ½ cup milk 2 tbsps. flour 4 tsps. of butter 3 eggs, slightly beaten + 1 extra with 1 tbs. of milk for spreading 1 pack of...

Mini potato canapes baked on salt

Ingredients Serves: 12 1kg small Cypriot potatoes rock salt, as needed 250g salted butter 300ml full fat cremé frâiche 1 pot cod or salmon roe Method Prep:20min › Cook:35min › Ready in:55min Take...