Economy category powered by
Industrial sector turnover surges 7% in April
08:15 - 06 July 2023
An expansion of operations in the Manufacturing, Mining, Quarrying, and Electricity Supply sectors led to a substantial increase of more than 7% in the industrial sector’s turnover in April 2023, according to Cystat.
The Industrial Turnover Index in April reached 175.3 units (base year 2015=100), marking a 7.2% increase compared to same month in 2022.
In January-April 2023, the index showed a growth of 14.0% compared to the corresponding period of the previous year.
In the manufacturing sector, the index reached 180.1 units, indicating a 7.8% increase compared to April 2022.
There was also an increase in the mining and quarrying sector by 21.1% and electricity supply by 10.1%.
In contrast, the water supply and waste management sector declined 21.2% compared to April 2022.
News Feed
13 hours, 50 minutes ago Companies
What it’s like to work at Wrike1 day, 14 hours ago People
How Pantelis Mitsu took mitsu|mitsu from sewing room to dressing Saudi royalty2 days, 9 hours ago Current Affairs
President appoints Representative for Religious Freedoms/Protection of Minorities in MidEast2 days, 9 hours ago People
Dinos Lefkaritis re-elected President of Larnaca Tourism Development and Promotion Company2 days, 9 hours ago Economy
CyRIC coordinatin Code: Re-farm project2 days, 11 hours ago Companies
Metropolis Mall welcomes four new stores2 days, 11 hours ago Technology
CMMI at EURONAVAL in Paris