FOREX News:
According to the Central Statistical Office of Cyprus , output continued to decline in November 2013 reduction rate increased in relation to the previous month. Production volume decreased by 14.4% in November compared with November 2013 In October, its reduction was 11.5 % , and in September - 11.6% . Low reading due to the decline in manufacturing output by 17.1 % , as well as in the mining sector by 30.4 %. In the energy sector output fell by 2.9 % in relation to the data for November 2012 For the period from January to November , the production volume decreased by 13% compared to the same period of the previous year.
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