Economy category powered by

Industrial Turnover up 2.6% in June

The Industrial Turnover Index increased by 2.6% in June 2024 on an annual basis, Cystat said. The index reached 136.6 units (base year 2021=100).

For the period January to June 2024, the index recorded an increase of 2% compared to the same period in the previous year.

In manufacturing, the Industrial Turnover Index for June 2024 reached 133.8 units, marking a 1.5% increase compared to June 2023. Increases were also observed in the sectors of water supply and materials recovery (7.5%), electricity supply (6.1%), and mining and quarrying (4.3%).

Read More

Major recognition for CARAMONDANI Group in the global desalination industry
Tango CFO Nati Toledo: Headquartering in Cyprus was the right decision
George Campanellas on the many attractive sectors for investment on offer in Cyprus
Demetris Tsiakkis: Cyprus’ real estate market exceeded €4b in 2024
George Chrysochos: Investments in urban apartments have the best returns
Alkis Simopoulos on the ease of doing business Cyprus
Panel discussion highlights Cyprus as a premier destination for High Net Worth Individuals
Alpha Bank's Kyriacos Michaelides highlights Cyprus as a destination for Affluent & HNWIs
Chief Scientist presents Cyprus as a growing hub for technology, innovation and digital transformation
Kornilios Korniliou: The 7th Doing Business in Cyprus Summit "underscores the immense potential of our bilateral relations"