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Cyprus retail trade volume and value down in February

10 June, 2014

Retail trade turnover volume and value indexes were down 7.8% and 6.7% respectively in February, according to the Cyprus Statistical Service.
The Turnover Volume Index of Retail Trade for February 2014 amounted 72.5 units, dropping 6.1 units or 7.8% compared to 78.6 in January. The Index fell by 1.6 units or 2.1% compared to February 2013.
For the two-month period January-February the Index recorded a decrease of 2.7% compared to the same period of 2013.
According to provisional estimates, the Turnover Volume Index of Retail Trade for March increased by 3.8 units or 5.2% to 76,3 units compared to 72.5 in February.
For the period January-March, the Index is provisionally estimated to fall by 0.7% compared to the corresponding period of 2013.
At the same time, the Turnover Value Index of Retail Trade for February amounted 74.8 units, recording a drop of 5.4 units or 6.7% compared to 80.2 units in January 2014.
The Index fell by 2.9 units or 3.7% compared to February 2013.
For the period January-February the Index recorded a drop of 4.6% compared to the corresponding period of 2013.
According to provisional estimates the Turnover Value Index of Retail Trade for March was up by 4.9 units or 6.5% to 79.7 units compared to 74.8 units in February.
For the period January-March the Index is provisionally estimated to have a decrease of 2.6% compared to the corresponding period of 2013.