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Industrial turnover at its highest historical level in April 2022

Industrial turnover at its highest historical level in April 2022

06.07.2022

According to data released by the Statistical Office of Cyprus on Tuesday, industrial turnover reached its highest level in a month in April this year, recording a significant increase in 12 months.

In particular, in April 2022, the Industrial Turnover Index reached 161.4 points (2015 base = 100), an increase of 12.7% compared to April 2021.

For the period from January to April 2022, the index increased by 19.4% compared to the same period of the previous year.

In particular, in the manufacturing sector, the index reached 164.8 points in April 2022, up 6.7% compared to April 2021.

There was also an increase in the electricity sector by 58.4%, as well as in the sector of water supply and recycling of materials by 23.0%.

The mining sector recorded a decline of 7.9% compared to April 2021.

Source and photo: www.stockwatch.com.cy, Editor estateofcyprus.com
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