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Industrial Turnover Index up by 27.6% in January 2022

06/04/2022 09:02

In January 2022, the Industrial Turnover Index recorded an increase of 27.6% compared to January 2021, reaching 147.6 units (base 2015=100), the Statistical Service of Cyprus announced on Tuesday.

In manufacturing, the Industrial Turnover Index for January 2022 reached 138.7 units, recording an increase of 20% compared to January 2021. Increases were also noted in the sectors of electricity supply (+60%) and water supply and materials recovery (+54.4%). The mining and quarrying sector recorded a decrease of 9.1%.

The General Index increased by 13.5% in the period January-December 2021, compared to the same period in 2020. In this period, mining and quarrying increased by 16.3%, manufacturing by 11.3%, electricity supply by 19.2% and water supply and materials recovery by 43.2%.