Turnover value of Transport and Storage up by 41.4% in 2022

The Turnover Value Index of Transport and Storage recorded an increase of 41.1% during the period January-December 2022, compared to the corresponding period of 2021. According to data published by the Statistical Service of Cyprus, the largest increase of 439% was recorded in air transport.

For the fourth quarter of 2022, the Turnover Value Index of Transport and Storage reached 134.5 units (base year 2015=100), recording an increase of 30.3%, compared to the corresponding quarter of 2021.

By economic activity, increases relative to the fourth quarter of the previous year were observed in air transport by 576.1%, in warehousing and support activities for transportation by 22.5%, in land transport by 18.3% and in water transport by 5.5%, while a decrease of 5.1% was observed in postal and courier activities.

Source: Cyprus News Agency