Economy category powered by

Industrial turnover index down by 5.6% in November 2024

08:22 - 06 February 2025

Economy Reporter

The industrial turnover index reached 125.3 units (base 2021=100) in November 2024, recording a decrease of 5.6% compared to November 2023, according to data published by CySTAT.

It is noted that a month-long strike at the ready-mix concrete sector took place during November.

In manufacturing, the industrial turnover index for November 2024 reached 124.6 units, recording a decrease of 2.5% compared to November 2023. Decreases were also recorded in the sectors of mining and quarrying (-24%) and electricity supply (-18.8%).

An increase was noted in the sector of water supply and materials recovery (4.7%).

For the period January – November 2024, the index recorded an increase of 1.2% compared to the corresponding period of the previous year.

(Source: CNA)

News Feed

Read More

Retail trade up 5.6% in both value and volume in March
Cyprus records €580.6m budget surplus in Q1 2025
Altia: Successful Annual Business Lunch with Real Estate Partners
Tender for 5-star Hotel & Apartments in Geroskipou
Cyprus’ Generation Z Speaks: First insights from Leonidas Alexandrou’s landmark study
Final investment on Cyprus gas project could come next year, says TotalEnergies CEO
Jamie Oliver Kitchen Limassol presents: A unique wine tasting experience with Santa Margherita
RSM Cyprus walks the path of hope with 'Christodoula's Suitcase,' organised by the Cyprus Anti-Cancer Society
Public consultation launched for new 'AI in Gov’t' programme
The award-winning products at the 12th IN Business Grocery Retail Awards (pics)