Industrial turnover recorded a significant increase of more than 21% in the first half of 2022, compared to the same period last year, with the largest increase recorded in the electricity supply sector by 63.2% and water supply and materials recovery by 33.9%
According to Cyprus Statistical Service, for the period January-June 2022, the Index of Turnover in Industry showed an increase of 21.4% compared to the same period in 2022.
In the first half of the year, the manufacturing sector recorded an increase of 14.3% compared to the first half of 2021. Increases were also recorded in electricity supply by 63.2%, water supply and materials recovery by 33.9% and mining and quarrying by 4.1%.
In addition, in June 2022 the Industrial Turnover Index reached 186.5 points (base 2015=100), an increase of 19.8%, compared to June 2021.
In the manufacturing sector, in June 2022 the index reached 182.5 points, an increase of 11.7% compared to June 2021.
Increases were also recorded in the electricity supply by 71.2%, water supply and materials recovery by 24.8% and mining and quarrying by 13.9%.