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Industrial turnover at historic high in 2021

04/03/2022 15:56

In 2021 industrial turnover recorded a historic high, marking a 13.6% increase compared to 2020, data released by the Cyprus Statistical Service (CyStat) on Friday show.

In particular, the industrial turnover index in 2021 increased to 146.4 units, marking a new historical high. The second highest historical level was recorded in 2008 when the Index rose to 139.8 points.

In December 2021, the industrial turnover index reached 154.5 units (base 2015=100), recording an increase of 12.7% compared to December 2020.

In manufacturing, the industrial turnover index for December 2021 reached 159.2 units, recording an increase of 10.9% compared to December 2020.

Increases were also noted in the sectors of water supply and materials recovery by 46.6%, in electricity supply by 14.9% and mining and quarrying by 6.5%.