Cyprus industrial production slumps 11.9% y/y in September

Industrial production dropped 11.9% y/y in September according to the latest figures from the Statistical Service, with the index (2005=100) reaching 85.7.
The manufacturing subindex fell by 15.8% in the same period.
In January – September 2012 industrial production fell by 9.1% compared with the same period of the previous year.
Meanwhile, the industrial output prices index for October 2012 rose by 0.2% compared with September and the manufacturing subindex rose by 0.3%.
In January-October 2012 industrial output prices rose by 7.2% compared with the corresponding period of the previous year.