Monday, August 4, 2008

Cyprus retail volumes up provision 11.6% in Jan-May

According to provisional estimates the turnover volume index of retail trade increased by 9.9 or 7.0% to 151.0 in May 2008, compared with141.1 in April 2008.

For the period January-May 2008 the index is provisionally estimated to have increased by 11.6% compared with the corresponding period of 2007.

Final figures for April show that the turnover volume index of retail trade increased by 6.9 or 5.1% to 141.1, compared with 134.2 in March 2008.

For the period January-April 2008 the index recorded an increase of 11.1% compared with the corresponding period of 2007.

Meanwhile, turnover by value rose by a provisional 15.2% compared with the corresponding period of 2007 in January-May 2008.

Final figures show that for the period January-April 2008 the index recorded an increase of 14.5% over the corresponding period of 2007.

Source: Financial Mirror