Economy category powered by

Industrial Turnover Index records monthly and annual increase

10:00 - 06 November 2024

Economy Reporter

The Industrial Turnover Index has recorded a monthly and annual increase.

According to CySTAT, in August 2024, the Industrial Turnover Index reached 118,3 units (base 2021=100), recording an increase of 2.2% compared to August 2023.

For the period January – August 2024, the index recorded an increase of 2.3% compared to the corresponding period of the previous year.

In manufacturing, the Industrial Turnover Index for August 2024 reached 103,5 units, recording an increase of 0,6% compared to August 2023.

Increases were also recorded in the sectors of mining and quarrying (+8.0%), electricity supply (+6.3%) and water supply and materials recovery (+3.7%).

(Source: CNA)

News Feed

Read More

EIB President in Cyprus for inauguration of Bank’s Nicosia office
CBN Young Dragon Awards: Meet the candidates in the Services category
Cyprus supports strengthening of transatlantic ties through positive trade agenda
RoC can become a reliable EU energy arm in East Med, says Energy Minister
Cyprus a net recipient of EU funds in '23 says European Court of Auditors member
CySEC chief stresses the need for a Capital Markets Union
Hungarian flavours and new business opportunities for Cypriot market
International study places Cyprus among countries most vulnerable to AI disruption
The Macallan Whisky Pairing Dinner featuring signature plates by La Petite Maison (LPM) Limassol
Patsalides: "The outlook for the euro area remains highly uncertain"