Cyprus’ industrial production fell by 1.3 per cent year-on-year in August 2026, with a decline in manufacturing outweighing increases in mining, water supply and electricity, according to the Cyprus Statistical Service (Cystat).

The Industrial Production Index reached 90.9 points in August, using 2021 as the base year with a value of 100, marking a decrease compared with August 2025.

Despite the monthly annual decline, industrial production increased by 1.2 per cent during the first eight months of 2026 compared with the corresponding period of the previous year.

The manufacturing sector recorded a 2.5 per cent annual decrease in August.

By contrast, mining and quarrying production rose by 11 per cent, while water supply and materials recovery increased by 5.7 per cent.

Electricity supply recorded a marginal increase of 0.1 per cent over the same period.

Within manufacturing, the strongest annual increases in August were recorded in the production of rubber and plastic products, which rose by 7.1 per cent, and wood and cork products, excluding furniture, which increased by 6.4 per cent.

The sharpest decline was recorded in the manufacture of machinery and equipment, motor vehicles and other transport equipment, where production fell by 12.8 per cent compared with August 2025.

Manufacturing of refined petroleum products, chemicals and chemical products, and pharmaceutical products and preparations declined by 7.1 per cent.

Production of other non-metallic mineral products fell by 4.8 per cent year-on-year.

Looking at the January to August 2026 period, the strongest increases compared with the same period in 2025 were recorded in water collection, treatment and supply, which rose by 11.5 per cent.

Manufacturing of basic metals and fabricated metal products increased by 5.5 per cent, while production of wood and cork products, excluding furniture, rose by 5 per cent.

The largest cumulative declines were recorded in materials recovery, which fell by 6.7 per cent, and the manufacture of machinery and equipment, motor vehicles and other transport equipment, which decreased by 6.2 per cent.

Household real income per capita rose by 0.1 per cent in the euro area and the European Union in the second quarter of 2026, while household consumption increased in both, according to Eurostat, as figures also show that Cyprus’ gross disposable income for households and non-profit institutions reached €22.97 billion in 2025.

The latest seasonally adjusted quarterly data from the EU’s statistical office show that household real income per capita in the euro area continued to grow at the same modest pace as in the first quarter, when it also increased by 0.1 per cent.

Household real consumption per capita, meanwhile, rose by 0.3 per cent in the euro area, following a stable reading in the previous quarter.

Across the EU as a whole, household real income per capita increased by 0.1 per cent in the second quarter, slowing from growth of 0.3 per cent in the first 3 months of the year.

Real household consumption per capita in the EU rose by 0.4 per cent, recovering from a 0.1 per cent decline in the first quarter.

The figures provide an indication of how household purchasing power and spending are evolving after accounting for inflation, offering a broader picture of household economic conditions across the bloc.

Eurostat said the increase in real household income in the euro area was mainly supported by net property income and other net current transfers.

In the EU, the main positive contributions came from compensation of employees and social benefits other than social transfers in kind.

However, some components weighed on income growth, with gross operating surplus and gross mixed income making the largest negative contribution in the euro area.

Across the EU, current taxes and net social contributions were the largest negative contributors.

Household saving rates declined in both the euro area and the EU during the second quarter, suggesting that households were saving a slightly smaller share of their income than in the previous 3 months.

The saving rate fell by 0.2 percentage points in the euro area and by 0.3 percentage points across the EU.

Among the member states for which data were available, household saving rates increased in 4 countries and declined in 11.

Poland and Czechia recorded the largest increases, with both rising by 0.6 percentage points.

The steepest falls were recorded in Finland, where the saving rate dropped by 1.6 percentage points, followed by Hungary with a decline of 1.4 percentage points and Italy with a decrease of 1.2 percentage points.

Household investment rates showed a more stable picture, remaining unchanged in the euro area while falling by 0.1 percentage points across the EU compared with the first quarter.

Among the member states covered by the data, household investment rates increased in 4 countries, remained stable in 6 and decreased in 5.

Hungary recorded the largest increase, at 0.7 percentage points, followed by Czechia at 0.3 percentage points.

Ireland saw the largest decline, with its household investment rate falling by 0.7 percentage points, while Italy recorded a decrease of 0.3 percentage points.

The quarterly figures come alongside longer-term data showing a continued increase in gross disposable income for households and non-profit institutions across the EU, the euro area and Cyprus.

In Cyprus, gross disposable income rose from €16.04bn in 2020 to €22.97bn in 2025, according to the figures provided.

The total increased to €16.80bn in 2021 and €18.08bn in 2022, before reaching €19.62bn in 2023.

It then climbed to €21.54bn in 2024, exceeding the €21bn mark for the first time in the period covered, before rising further in 2025.

Across the EU’s 27 member states, gross disposable income for households and non-profit institutions rose from €8.55 trillion in 2020 to €9.00 trillion in 2021 and €9.74 trillion in 2022.

It exceeded €10tn in 2023, reaching €10.50tn, before increasing to €11.11tn in 2024 and €11.49tn in 2025.

In the 21-country euro area, the corresponding figure increased from €7.49tn in 2020 to €7.85tn in 2021 and €8.45tn in 2022.

It rose to €9.10tn in 2023, followed by €9.57tn in 2024 and €9.84tn in 2025.

The longer-term data indicate that gross disposable income has risen steadily across all 3 areas, although the latest quarterly figures show that real income growth remains modest and household saving rates have edged down.

Deposits in Cyprus increased by €697.1 million in September 2026, while total loans rose by €857.80 million, with the Central Bank of Cyprus (CBC) reporting stronger monthly increases in both categories and an acceleration in annual loan growth.

The outstanding amount of total deposits reached €60.2 billion at the end of September, while total loans stood at €29.6 billion, according to the CBC’s latest monetary and financial statistics, released on Tuesday.

The net increase in deposits was substantially higher than the €171.50m recorded in August, although the annual growth rate remained unchanged at 6.5 per cent.

Deposits held by Cyprus residents rose by €639.9m during September, with households and non-financial corporations accounting for much of the increase.

Household deposits increased by €93.8m, while deposits held by non-financial corporations rose by €373m.

Deposits held by other domestic sectors increased by a further €173.1m, bringing the total increase in deposits held by Cyprus residents to €639.9m.

Meanwhile, total loans recorded a net increase of €857.8m, compared with an increase of €114.6m in August.

The annual growth rate of total loans accelerated to 14 per cent in September, up from 11.8 per cent in the previous month.

Loans to Cyprus residents increased by €470.8m, with lending to households rising by €52.2m and loans to non-financial corporations increasing by €110.1m.

Loans to other domestic sectors recorded a larger increase of €308.5m.

The figures were included in the October 2026 edition of the CBC’s Monetary and Financial Statistics, covering deposits and loans held by monetary financial institutions during September.

Sales of petroleum products in Cyprus increased by 1.5 per cent year-on-year in September 2026, reaching 146,963 tonnes, as higher sales of motor gasoline, liquefied petroleum gas and aviation kerosene outweighed declines in road diesel and heating gasoil, according to the Cyprus Statistical Service (Cystat).

Sales from filling stations also rose, increasing by 1.7 per cent compared with September 2025 to reach 62,557 tonnes.

Among individual products, sales of liquefied petroleum gases increased by 12.1 per cent, while asphalt sales rose by 5.1 per cent, light fuel oil by 1.6 per cent and motor gasoline by 1.5 per cent.

Provisions of aviation kerosene increased by 1.4 per cent year-on-year.

By contrast, provisions of marine gasoil fell by 3.6 per cent, while sales of heating gasoil declined by 6 per cent and road diesel by 1.4 per cent.

On a monthly basis, total petroleum product sales rose by 20.8 per cent in September compared with August, reflecting increases across several categories.

Provisions of marine gasoil recorded the largest increase among the products highlighted by Cystat, rising by 51.3 per cent month-on-month.

Sales of road diesel increased by 21.4 per cent, while motor gasoline sales rose by 10 per cent. Provisions of aviation kerosene also increased, by 1.9 per cent.

Despite the increase in sales, total petroleum product stocks fell by 16.2 per cent at the end of September compared with the end of August.

For the first 9 months of 2026, total sales of petroleum products increased by 0.7 per cent compared with the corresponding period of 2025, Cystat reported.