Turnover Volume Index of Retail Trade records 0.7% decrease on annual basis

Turnover Volume Index of Retail Trade records 0.7% decrease on annual basis

The Turnover Volume Index of Retail Trade for December 2014 recorded a decrease of 0.7% on an annual basis and an increase of 29.3% compared to the previous month.

According to the Statistical Service of the Republic of Cyprus, the Turnover Volume Index of Retail Trade for December 2014 stood at 103.2 units (base 2010=100), recording an increase of 29.3% compared to November 2014. The Index decreased by 0.7% compared to December 2013.

For the period January-December 2014 the Index recorded an increase of 2.0% compared to the corresponding period of 2013.

According to provisional estimates, the Turnover Volume Index of Retail Trade for January 2015 decreased by 25.1% to 77,3 units compared to December 2014. For January 2015, the Index is provisionally estimated to have recorded an increase of 2.8% compared to January 2014.

CNA/TKE/GV/2015
ENDS, CYPRUS NEWS AGENCY