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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)

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