Cyprus retail trade grows in August

The value and volume of turnover in Cyprus’ retail trade saw a notable increase in August 2024 compared to August 2023, according to the Cyprus Statistical Service (Cystat).

According to the report, the retail trade turnover value index increased by 6.9 per cent in August 2024, while the volume index rose by 5.7 per cent compared to the same month last year.

For the period January-August 2024, the value index registered an overall increase of 5.3 per cent, with the Volume Index growing by 3.8 per cent compared to the same period in 2023.