Cyprus retail sector booms in March

According to Cystat, notable percentage increases in the retail trade turnover value index compared to March 2023 were observed in various categories.

These included food, beverages, and tobacco in specialised stores (13.2 per cent), pharmaceuticals and orthopaedic goods, cosmetics (11.8 per cent), and educational and recreational equipment (10.5 per cent).

Conversely, the largest decrease was noted in non-store retail trade (-13.4 per cent).

Similarly, substantial increases in the retail trade turnover index compared to March 2023 were evident in specific categories.

These comprised educational and recreational equipment (10.5 per cent), food, beverages, and tobacco in specialised stores (10.4 per cent), and pharmaceuticals, orthopaedic goods, and cosmetics (9.7 per cent).

Once again, the most considerable decrease was registered in non-store retail trade (-13.4 per cent).