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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
CyprusCyprus Industrial Production YoY climbed to 4.7% in March 2026
FMPMonthlyReleased May 2026
Cyprus Industrial Production YoY climbed to 4.7% in March 2026, released May 2026, up 6.8% from February's -2.1% reading. The print exceeded the -1.7% consensus by 6.4%. The print is running well above the 12-month average of 2.63%. Over the past 3 months, Industrial Production YoY averaged 0.65%, vs 5.17% in the prior 3-month window. The reading is in the 79th percentile of the trailing 24-month range.
Latest Release
4.7
Actual
-1.7
Consensus
-2.1
Previous
Median Absolute Error
±2.42 percentage points
across last 12 releases
Last Call
May 2026
Predicted: -1.3
Actual: 4.7
Error: -6
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Industrial Production YoY (Cyprus) was reported at 4.7% in May 2026. This beat the market consensus of -1.7% by 6.4%. The reading rose from the previous value of -2.1%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 3.34%, ranging from 0.8% to 8.5% across 11 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 3.97%, down from the prior three at 5.57%. Volatility over the past year (σ 2.1%) is lower than the prior year (σ 3.05%). In May readings over the past 3 years, Industrial Production YoY has averaged 3.33%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with BTC/USD (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 2.43%.
WHAT TO WATCH NEXT
The next release is scheduled for June 29, 2026.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Industrial Production YoY - CY
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About Industrial Production YoY — Cyprus
DEFINITION
Industrial Production YoY (Year-over-Year) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors over a 12-month period. It provides valuable insights into the health and growth of a country's industrial sector, which is a crucial component of its overall economic performance. This indicator is closely monitored by investors, policymakers, and analysts as it can signal potential shifts in the economy and help inform business and investment decisions. A positive YoY growth in industrial production indicates a strong and expanding industrial sector, while a negative growth may suggest a slowdown or contraction.
WHY THIS INDICATOR MATTERS
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 4.7 %, consensus -1.7 %. Prior reading (Feb 2026): -2.4 %. Before that (Jan 2026): 3.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.