ARTICLE
10 February 2023

Turnover Index Of Retail Trade Except Of Motor Vehicles: December 2022

Ki
KPMG in Cyprus

Contributor

KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
The Turnover Value Index of Retail Trade for December 2022 increased by 10,9% compared to the corresponding month of the previous year.
Cyprus Strategy

The Turnover Value Index of Retail Trade for December 2022 increased by 10,9% compared to the corresponding month of the previous year. For the same month, the Turnover Volume Index of Retail Trade increased by 4,0% compared to the corresponding month of the previous year.

For the period January-December 2022, the value index is estimated to have recorded an increase of 11,3% and the volume index an increase of 2,2% compared to the same period of 2021.

Source: Cystat

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