Economy category powered by

Industrial Turnover Index up by 11.1% in April y/o/y

In April 2024, the Industrial Turnover Index reached 133.8 units (base 2021=100), recorded an increase of 11.1%, compared to April 2023, according to data published by CySTAT.

In manufacturing, the Industrial Turnover Index for April 2024 reached 137.7 units, recording an increase of 13.8% compared to April 2023. Increases were also recorded in the sectors of water supply and materials recovery (59.4%) and mining and quarrying (39.2%). A decrease was recorded in the electricity supply sector (12.7%).

For the period January – April 2024, the index recorded an increase of 3.1% compared to the corresponding period of the previous year.

(Source: CNA)

Read More

CBN Young Dragon Awards: Meet the candidates in the Shipping category
CBN Young Dragon Awards: Meet the candidates in the Financial Services category
Siarhei Kostevitch: Cyprus has been ideal as a base for ASBIS's operations
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
Finance Minister and Dutch Ambassador discuss bilateral ties and economy
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