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Next Previous Growth 21.7% in the Turnover of Industry HOME • INSIDER • CYPRUS • Growth 21.7% in the Turnover of Industry
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The Turnover Index in Industry showed an increase of 21.7% on an annual basis in the first quarter of the year, with an increase of 24.6% in March compared to the corresponding month last year.
According to the data of the Statistical Service, in March the Turnover Index in Industry reached 171.6 points (base 2015 = 100).
In the manufacturing sector, in March 2022 the The index reached 165.6 points, an increase of 16.5% compared to March 2021.
There was also an increase in the sectors of electricity supply by 77.7% and water supply and materials recovery by 18 , 8%. The mining and quarrying sector decreased by 5.0% compared to March 2022.
The export index in March fell to 158.8 points, showing a decrease of 0.7% on an annual basis, while for the period January – March recorded an increase of 2.9%.
