articles | 25 June 2015

Cyprus retail sales climb 3.1% in April 2015

Growth in retail sales volumes accelerated to 3.1% year on year in April 2015, from 1.3% in March, according to the latest figures from the Statistical Service Cystat.

The data exclude sales of motor vehicles.

The fastest-growing category was electrical goods and furniture, which rose in May by 23.5%, while the biggest decline was recorded by textiles, clothing and footwear, which dropped by 7.9%.

For the first four months of the year, total retail sales volumes excluding car sales rose by 3%.

Sales of food products in this period dropped by 1.1% while non-food excluding automotive fuel rose by 6.6%.

Source: InCyprus

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