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Retail trade up annually by 12.5% in value and 3% in volume in October

Retail trade in October 2022 increased by 12.5% in value and 3% in volume, compared to the corresponding month of the previous year, according to data published by the Statistical Service of Cyprus on Thursday for the Turnover Volume and Value Indexes of Retail Trade.

The largest increases in value were recorded in the retail sale of automotive fuel in specialised stores, which increased by 19.8% compared to October 2021 and in electrical household appliances, furniture, lighting, equipment, construction materials, that increased by 16.7%.

In volume, the largest increases were noted in computers and telecommunications equipment, curtains, carpets, books, stationery, sporting equipment, toys, flowers, plants, watches, jewellery and electrical household appliances, furniture, lighting, equipment, construction materials, both categories recording an increase of 8.7%.

For the period January-October 2022, the value index is estimated to have recorded an increase of 11.2% and the volume index an increase of 2% compared to the same period of 2021.

Source: Cyprus News Agency