Wholesale trade increased yearly by 28.4% in the first quarter of 2022

The Turnover Value Index of Wholesale Trade during the first quarter of 2022 recorded an increase of 28.4%, reaching 140.5 units, compared to the corresponding quarter of the previous year, according to data published by the Cyprus Statistical Service on Wednesday.

Wholesale of household goods increased by 20.3%, wholesale of other machinery, equipment and supplies by 15.3%, wholesale of food, beverages and tobacco by 13.2% over the same period. In addition, other specialized wholesale trade increased by 58.2%, while non-specialized wholesale trade by 17.7%.

According to the data, for the same quarter, the Turnover Value Index of Sales and Repair of Motor Vehicles recorded an increase of 19.9%, reaching 140.2 units, compared to the corresponding quarter of the previous year.

The sale of motor vehicles increased by 23.1%, the maintenance and repair of motor vehicles by 17.7% and the sale of motor vehicle parts and accessories by 16.7%. On the other hand, the sale, maintenance and repair of motorcycles and related parts and accessories decreased by 17.6%.

Source: Cyprus News Agency