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Cyprus industrial turnover records annual increase

05/08/2021 16:46

The Industrial Turnover Index of Cyprus recorded a significant annual increase in May.

According to the Statistical Service of Cyprus, in May 2021, the Industrial Turnover Index reached 140.2 units (base 2015=100), recording an increase of 17.8% compared to May 2020.

For the period January-May 2021, the index recorded an increase of 9.7% compared to the corresponding period of the previous year

In manufacturing, the Industrial Turnover Index for May 2021 reached 142.4 units, recording an increase of 12.6% compared to May 2020.

Increases were also noted in the sectors of mining and quarrying (10,0%), electricity supply (43,2%) and water supply and materials recovery (59.0%).