On the basis of provisional estimates, the Turnover Value Index of Retail Trade for February 2016 increased by 4.0% compared to the corresponding month of the previous year and reached 72.6 units (base 2010=100), the Service said.

For the period January-February the index is estimated to have recorded an increase of 2.2% compared to the same period of 2015, it added.

Furthermore, the Turnover Volume Index of Retail Trade for February increased by 8.6% compared to the same month last year and reached 75.6 units (base 2010=100).

For the first two months of the year, the index is estimated to have registered an increase of 5.1% compared to the same period of 2015.

Source: Famagusta Gazette