Turnover value index of transport and storage shows increase

The Turnover Value Index of Transport and Storage for the fourth quarter of 2017 recorded an increase of 2,6% compared to the corresponding quarter of 2016.

According to figures by the Statistical Service of Cyprus, by economic activity, an increase of 24,2% was recorded in water transport, 12,4% in postal and courier activities and 9,0% in land transport, whereas a decrease of 1,6% was observed in warehousing and support activities for transportation over the corresponding quarter of 2016.

The upward trend in air transport, as a result of the operation of the new Cypriot airlines, has continued.

The Turnover Value Index of Transport and Storage for the period January-December 2017 recorded an increase of 4,7% compared to the corresponding period of 2016.

Source: Cyprus News Agency