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November 2016 industrial turnover index shows increase

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An increase of 7,2% was recorded in the industrial Turnover Index in November 2016 compared to the same month in 2015.

According to the Statistical Service of the Republic of Cyprus, the Industrial Turnover Index for November 2016 reached 75,9 units (base 2010=100), recording an increase of 7,2% compared to November 2015. This is the highest level of the index for a November month since November 2013. In November 2012 the index was at 88,7 units.

For the period January – November 2016, the index showed an increase of 1,1% compared to the corresponding period of the previous year.

For Manufacturing, the index for November 2016 reached 79,3 units, recording an increase of 3,8% compared to November 2015./IBNA

Source: Cyprus News Agency

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