Insider Business Retail trade increases for the period January-August 2018

Retail trade increases for the period January-August 2018

The volume of retail trade for the period January-August 2018 recorded an increase of 6.1% compared to the same period of 2017, on the basis of provisional estimates, by the Statistical Service of Cyprus.

The Turnover Volume Index of Retail Trade for August 2018 increased by 1.9% compared to the corresponding month of the previous year and reached 119.0 units.

Retail trade value for the period January-August 2018 is estimated to have recorded an increase of 5.6% compared to the same period of 2017.

On the basis of provisional estimates, the Turnover Value Index of Retail Trade for August 2018 increased by 3.6% compared to the corresponding month of the previous year and reached 117.3 units.

The estimates for retail trade exclude motor vehicles.

(Cyprus News Agency)

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