In 2022 the turnover index showed increases
Annual increase in turnover ratio in all sectors
In 2022 the turnover index showed increases in all sectors of economic activity, compared to 2021, according to data released by the Statistical Service on Tuesday.
Specifically, increases were recorded in the indicators of administrative and support activities by 46.6%, accommodation and catering services by 39.3%, information and communication by 22% and professional, scientific and technical activities by 8.5%.
By sector of economic activity, the largest increase in 2022 occurred in the Activities of travel agencies, organized travel agencies and reservation services by 270.8%. Publishing activities was the only branch of activity that showed an annual decrease, 11.3%.
The Turnover Index in the fourth quarter of 2022 showed an increase compared to the corresponding quarter of the previous year in the sectors of administrative and support activities by 23.1%, accommodation and catering services by 9%, information and communication by 8 .9% and professional, scientific and technical activities by 8.1%.
Source inbusinessnews.reporter.com.cy
Photo: inbusinessnews.reporter.com.cy
28 February 2023
