Industrial turnover up 9.1% in October 2023

08:00 - 08 January 2024

Economy Reporter

The Industrial Turnover Index for October 2023 displayed robust growth, with an annual change of 9.1%, reaching 195.5 units (base 2015=100), according to the latest data by CySTAT.

For the period January – October 2023, the index recorded an increase of 6.7% compared to the corresponding period of the previous year.

The Manufacturing sector played a pivotal role in propelling the overall increase, as the Index for October 2023 reached 193.7 units, marking a surge of 13.7% from the same period in the previous year.

Increases were also marked in the sectors of mining and quarrying (23.1%) and water supply and materials recovery (13.4%).

However, a decrease was observed in the electricity supply sector, which recorded a -9.6% change in October 2023.

(Source: CNA)

Tourist arrivals record annual increase of 13.7% in May 2025

Broad public sector employment shows annual increase of 1.7% in first quarter of 2025

Bounced cheques at €62,164 in May after decreasing to €22,860 in April

EU FMs to discuss situation in Middle East via teleconference

Ηourly labour costs increased by 4.8% in first quarter of 2025

Ashish Chauhan: The collaboration between NSE IX and CSE will help wealth creation and job creation in both countries

Number of job vacancies in first quarter of 2025 reached 13,524

Cyprus and India stock exchange officials agree to enhance cooperation

Narendra Modi reveals five-year roadmap to boost Cyprus-India defence and security cooperation (pics)

Mastering the New Rules of Digital Marketing

Industrial turnover up 9.1% in October 2023

News Feed

Read More