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Industrial Turnover Index up by 11.1% in April y/o/y

In April 2024, the Industrial Turnover Index reached 133.8 units (base 2021=100), recorded an increase of 11.1%, compared to April 2023, according to data published by the Statistical Service on Friday. In manufacturing, the Industrial Turnover Index for April 2024 reached 137.7 units, recording an increase of 13.8% compared to April 2023. Increases were also recorded in the sectors of water supply and materials recovery (59.4%) and mining and quarrying (39.2%). A decrease was recorded in the electricity supply sector (12.7%). For the period January - April 2024, the index recorded an increase of 3.1% compared to the corresponding period of the previous year. Source: Cyprus News Agency