You are here

Industrial turnover drops by 11.4% in January

05/04/2021 17:05

Industrial turnover in Cyprus fell by 11.4% in January this year compared to January 2020.

In particular, according to the Cyprus Statistical Service, in January 2021, the Industrial Turnover Index reached 117.6 units (base 2015=100), recording a decrease of 11.4% compared to January 2020.

For manufacturing, the Industrial Turnover Index for January 2021 reached 117.1 units (base 2015=100), recording a decrease of 11.1% compared to January 2020.

A decrease of 16.8% was also observed in the sector of electricity supply.

On the contrary, increases of 7.7% and 2.2% were noted in the water supply and materials recovery sector and in the mining and quarrying sector respectively.