Economy category powered by

Transport and storage turnover value index jumps by 9.7% in Q3

The Cyprus Turnover Value Index of Transport and Storage rose by 9.7% in the third quarter of 2023, compared with the corresponding period of last year, data published by CySTAT show.

According to CySTAT, the index for the third quarter of 2023 reached 162,8 units (base year 2015=100), driven by all economic activities.

Land transport rose by an annual 11.4%, air transport together with storage and transport support activities increased by an annual 10,.9% while water transport by 1.3% and postal and courier activities 0.3%.

During the period January-September 2023, the Turnover Value Index of Transport and Storage recorded an increase of 18% compared to the corresponding period of 2022, CySTAT said.

(Source: CNA)

Read More

Slightly increased tourist arrivals in Cyprus for May 2024
Hourly labour costs in Cyprus up by 4.9% in Q1 2024
Invest Cyprus attends Money 20/20 in Amsterdam
Marina Hadjimanolis: Our ultimate goal is to provide quality services to all shipping companies
The five risks for the Cypriot economy and their potential impact
Cyprus posts fiscal surplus close to €600 million in first quarter of 2024
Cyprus gearing up to tap international markets following upward ratings momentum
FinMin attending Eurogroup, Ecofin, General Affairs Council, ESM, EIB meetings
Cyprus to invest over €3 billion on climate change by 2030, FinMin says
Officials underline shipping sector’s importance in CSC annual report