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Turnover volume index of retail trade up

27/01/2020 15:09

Turnover Volume Index of Retail Trade marked an increase in a monthly and annual basis according to the Statistical Service of the Republic of Cyprus.

The announcement of the Statistical Service notes that on the basis of provisional estimates, the Turnover Volume Index of Retail Trade for November 2019 increased by 6.6% compared to the corresponding month of the previous year and reached 124.7 units (base 2015=100).

For the period January-November 2019 the index is estimated to have recorded an increase of 3.2% compared to the same period of 2018.

At the same time, on the basis of provisional estimates, the Turnover Value Index of Retail Trade for November 2019 increased by 3.9% compared to the corresponding month of the previous year and reached 120.8 units (base 2015=100).

For the period January-November 2019 the index is estimated to have recorded an increase of 1.8% compared to the same period of 2018.