Industrial turnover in December 2023 up annually by 0.3%

15:31 - 05 March 2024

Economy Reporter

The Industrial Turnover Index reached 180.1 points (base 2015=100) in December 2023, an increase of 0.3% compared to December 2022, CySTAT has reported.

For the period January – December 2023, the index recorded an increase of 5.8% compared to the corresponding period of the previous year, CyStat said in a press release.

In particular, in manufacturing, the Industrial Turnover Index for December 2023 reached 186.8 units, recording an increase of 1.6% compared to December 2022.

It is added that increases were also noted in the sectors of water supply and materials recovery (+21.0%) and mining and quarrying (+9.4%), while a decrease was recorded in the electricity supply sector (-12.4%).

(Source: CNA)

Industrial turnover in December 2023 up annually by 0.3%

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