Economy category powered by

Retail trade value surges 11.2% in April

Retail trade increased significantly in April in both value and volume metrics, according CySTAT.

The Turnover Value Index of Retail Trade rose significantly by 11.2% in April compared to the same month last year. Over the first four months of 2023, the same index recorded a 13.3% increase year-over-year.

The Turnover Volume Index of Retail Trade recorded solid annual growth of 8.0% in April, while in January-April, the index rose 8.1% y-o-y.

Read More

Stavros Stavrou: A number of companies from India are on their way to Cyprus
Positive economy trend to become noticeable to citizens, Labour Minister says
Cyprus ranks 44th in IMD Competitiveness Ranking, down one spot from 2024
Spyros Kyprianou Sports Center ready to host FIBA EuroBasket 2025
A spotlight on the new President and Vice President of ICPAC
MONEYVAL: Cyprus has enhanced its AML/CTF Framework
Demetris Sparsis: Interest in the Brain Gain effort, what its ‘betting’ on, and its dual goal
Finance Minister in Luxembourg to attend Eurogroup-ECOFIN meetings
Papanastasiou: How the idea of ​​organising Investopia in Cyprus was born
High Commissioner Manish: PM's visit reaffirms India's strategic vision for deepened engagement with Cyprus