Industrial Turnover in Cyprus up 10.6% in July

Industrial Turnover showed a significant increase of more than 10% in July 2021, but also in the first seven months of the year, a development that is mainly due to the increase in electricity and water supply sectors.

According to the Statistical Service of Cyprus, in July 2021, the Industrial Turnover Index reached 162.5 units (base 2015=100), recording an increase of 10.6% compared to July 2020.

For the period January-July 2021, the index recorded an increase of 10.9% compared to the corresponding period of the previous year.

In manufacturing, the Industrial Turnover Index for July 2021 reached 158.3 units, recording an increase of 1.2% compared to July 2020. Increases were also noted in the sectors of electricity supply (62.3%), water supply and materials recovery (54.3%) and mining and quarrying (11.6%).

Source: Cyprus News Agency