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Turnover value increases on annual basis

01/03/2022 08:43

A turnover value increase in services was recorded in the fourth quarter of 2021, compared to the corresponding quarter of 2020, according to the Statistical Service of Cyprus, with a significant increase in the index of accommodation and food service activities (65.7%).

In particular, according to the official data, during the fourth quarter of 2021 the Turnover Value Index recorded increases in the sectors of accommodation and food service activities (98.2%), of administrative and support service activities (21.3%), of information and communication (15.4%) and of professional, scientific and technical activities (8.2%), compared to the corresponding quarter of 2020.

During the period January-December 2021, increases relative to the corresponding period of 2020 were observed in the index of accommodation and food service activities (65.7%), of administrative and support service activities (15,5%), of information and communication (11.2%) and of professional, scientific and technical activities (4.6%).