Cyprus Mail

Industrial turnover up 7.2% in November, Cystat says

The industrial turnover index rose an annual 7.2 per cent in November as the increased sales at home more than offset a drop in exports, the statistical service said.

In November, turnover generated by domestic sales rose 11 per cent while that from exports dropped 8.3 per cent, Cystat said in a statement on its website.

Turnover in manufacturing rose 3.8 per cent in November, as domestic sales rose 7.5 per cent and exports dropped 10 per cent compared to the respective month of 2015, Cystat said. Quarries saw their turnover rise 31 per cent on stronger sales at home, while turnover from electricity generation rose 29 per cent. Turnover of water supply and recycling companies rose 15 per cent.

In January to November, industrial turnover rose 1.1 per cent, Cystat said. Domestic sales rose 1.7 per cent while exports fell 2.2 per cent.

Related posts

Sheer incompetence says Akel as hospital expansion deadline extended for 14th time

Gina Agapiou

Civil defence releases video advising public on flood risk

Annette Chrysostomou

Islamisation of the north destroying heritage says foreign minister

Annette Chrysostomou

King of Limassol carnival announced

Staff Reporter

Football fixtures called off after referee bomb attack (update 3)

George Psyllides

Hearts of Gold awards ceremony postponed

Staff Reporter