CYPRUS: Retail trade value and volume up in 2014

The value of retail trade increased 0.3% in 2014, according to provisional estimates by the statistical service Cystat, with the monthly Turnover Value Index of Retail Trade for December 2014 up by 19.6 units or 23.7% to 102.2 units compared to the previous month.

For November 2014 the Index stood at 82.6 units, recording a decrease of 5.4 units or 6.1% compared to October, whereas it declined by 0.1 units or 0.1% compared to November 2013.
For the period January-November 2014 the Index recorded an increase of 0.9% compared to the corresponding period of 2013.
The volume of retail trade also increased last year, according to Cystat.
The Turnover Volume Index of Retail Trade is provisionally estimated to have risen 2.0% compared to the corresponding period of 2013, while for December alone, the Index increased by 23.5 units or 29.4% to 103.3 units, compared to the previous month.
For November 2014, the Index stood at 79.8 units, decreasing by 3.9 units or 4.7% compared to October 2014, but remained stable compared to November 2013.
For the period January-November 2014 the Index was up by 2.3% compared to the corresponding period of 2013.