Insider Economy Car sales drop by 8.6% in January - May 2019

Car sales drop by 8.6% in January – May 2019

Total car sales observed a drop of 8.6% year on year in the period of January – May 2019 declining to 19,682 from 21,526 in the respective period of 2018, the Cyprus Statistical Service said on Monday.

According to the data, saloon car sales marked a reduction of 10.4% declining to 16,078 from 17,947 in January – May last year.

New car sales in the first five months of 2019 amounted to 7,314 recording a reduction of 12.5% compared to 8,363 in the respective period 2018, whereas used car sales dropped by 6% to 12,368 from 13,163 in January – May 2018.

In May, total car sales amounted to 4,340 marking a reduction of 5,40% compared to 4,588 in May of last year, Cystat added.

(Cyprus News Agency)

Top Stories

160 new cases of COVID-19 on Friday

The Health Ministry announced 160 new COVID-19 cases on 23 October, out of 4,327 laboratory tests, taking confirmed infections to 3,314. The break-down of new...

Health Ministry insists there is confirmed case among American Center staff

The Health Ministry replied to the denial of the American Medical Center regarding a confirmed case among its staff. In an announcement the Ministry noted...

Health Ministry replies to accusation about delay of the tracing unit

The tracing unit contacts the persons who have tested positive to COVID-19 as soon as it is informed by the relevant laboratories and the...

Professor of Microbiology concerned about asymptomatic patients

Dr Petros Karayiannis, Professor of Microbiology/Molecular Virology at the University of Nicosia Medical School, has expressed concern over the great number of private hospitals,...

30-year-old missing for seven months (PHOTO)

Police are looking for 30-year old NAKITA YASMEEN from the United Kingdom, whose traces have been lost since March 2020. Yasmeen’s disappearance was today...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...