articles | 20 August 2013

Cyprus industrial turnover decline

Cyprus industrial turnover down by 12.8% in May

Industrial turnover in Cyprus declined to 109.0 units in May recording a decrease of 12.8% year on year, figures released by the Cyprus Statistical Service show.

Forthe period January-May 2013, the index recorded a decrease of 11,1% compared to the same period of the previous year.

For Manufacturing, the index for May 2013 reached 98,6 units, recording a decrease of 11,3% compared to May 2012.

Source: Financial Mirror

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