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The turnover value index of services recorded increases for Q3 2022

30/11/2022 15:22

The Turnover Value Index of Services recorded increases during the third quarter of 2022, according to data published by the Statistical Service of Cyprus on Wednesday.

Specifically, the sector of administrative and support service activities recorded an increase of 65.6%, accommodation and food service activities recorded a 24.2% increase, information and communication 16.7% and of professional, scientific and technical activities 8.7%, compared to the corresponding quarter of 2021.

Travel agency, tour operator reservation service and related activities record a notable increase of 269%.

During the period January-September 2022, increases relative to the corresponding period of 2021 were observed in the indices of professional, scientific and technical activities, which recorded 55.6% increase, of accommodation and food service activities, with 49.9%, of information and communication with 27% and of administrative and support service activities, with 8.6%.