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Retail turnover records strongest growth in April

Retail turnover records strongest growth in April

Retail turnover in Cyprus rose by 6.3 per cent in April 2025, marking the fastest monthly increase so far this year, according to data published by the Statistical Service on Monday.
Earlier in the year, the annual increase stood at 2.6 per cent in January, 4.7 per cent in February and 5.6 per cent in March.

In April, the strongest annual growth was seen in non-store retail trade, which jumped by 16.3 per cent.
Meanwhile, turnover in flowers, plants, watches, jewellery, optical goods and second-hand items rose by 12.7 per cent, while clothing and footwear sales climbed by 12.2 per cent.
Double-digit growth was also recorded in food, beverages and tobacco sold in specialised stores, up by 10.8 per cent.

In addition, sales of information and communication equipment increased by 7.9 per cent, while turnover in non-specialised food retail, including supermarkets, rose by 7.5 per cent.
Pharmaceuticals, cosmetics and orthopedic goods posted a smaller annual increase of 4 per cent, followed by motor fuels at 3.1 per cent.

By contrast, turnover in household equipment, including building materials, carpets, furniture, appliances and lighting, dropped by 3.1 per cent.
A milder decline of 0.5 per cent was noted in books, stationery, sports gear and toys.

For the first four months of 2025, the volume index of retail turnover rose by 5.8 per cent year-on-year.
As for the value index, it recorded an annual increase of 5.5 per cent in April, following 5.6 per cent in both March and February, and 4.8 per cent in January.
Overall, over the first four months of the year, the index rose by 6.4 per cent.

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