Cyprus Industrial Turnover Index in March recorded its first annual rise following 11 months

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Cyprus Industrial Turnover Index in March marked its first annual increase after eleven months, reflecting the acceleration of economic activity following the gradual relaxation of restrictions to contain the coronavirus pandemic. According to data released today by the Cyprus Statistical Service, the index in March 2021 reached 134.7 units (base 2015=100), recording an increase of 5.2% compared to March 2020. However, for the period January-March 2021, the index remained in negative territory, recording a decrease of 4.7% compared to the respective period …

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