Cyprus Industrial Turnover accelerates in January – April 2017

Cyprus’ Industrial Turnover Index accelerated by 11.4% in the first four months of 2017 compared with the corresponding period of 2016, figures released on Thursday by the Statistical Service show.

Industrial Turnover in the period of January � April 2017 reached 321 units compared with 288 units in January � April 2016.

In April, the Industrial Turnover Index amounted to 81.5 units marking an increase of 6.4% compared with 76.6 in April 2016.

The sector of manufacturing in April this year reached 82.9 units marking an increase of 0.6% compared with April 2016.

However, when compared with March 2017 (88.5 units), the Industrial Index declined by 7,91%

Manufacturing in April 2017 declined by 7.5% compared with the previous month.

Source: Cyprus News Agency