Economy category powered by

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)

News Feed

All News

Read More

All the details of the bill on the control of foreign direct investments
Marios Tannousis: The National FDI Control Mechanism is a very important and positive step
Contracts signed for €29.92m phase B3 of the Nicosia perimetre highway
EU invests €2.8 billion in 94 transport projects, including Cyprus ports
Negative inflation for second consecutive month in June at 0.4%
Registered unemployed persons down 9.5% y-o-y in June
Unlocking the future of shipping at the Maritime Cyprus 2025 Conference
€18.8m EU co-financing creates new phase in Vassiliko port development
A spotlight on each sector's job vacancies and the industry with no available positions
Ministry of Agriculture: Cyprus reaffirms cooperation with FAO on climate change