Cyprus retail sector booms in March
Cyprus’ retail sector experienced a significant upturn in March 2024, according to a report from the Cyprus Statistical Service (Cystat) released on Thursday.
The report disclosed a 5.5 per cent increase in the retail trade turnover value index compared to March of the preceding year, while the retail trade turnover volume index saw a rise of 5.2 per cent during the same period.
Moreover, it added that for the January-March 2024 period, the Value Index is estimated to have increased by 5.4 per cent and the Volume Index by 4.9 per cent compared to the same period in 2023.