Cyprus wholesale trade value index declines by 5.6% in the first quarter of 2021

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The Turnover Value Index of Wholesale Trade except of Motor Vehicles for the first quarter of 2021 recorded a decrease of 5.6% compared to the corresponding quarter of previous year, as the effects of the Covid pandemic continue to hamper economic activity. According to data released by the Statistical Service of Cyprus (Cystat), the index declined to 109.2 units, pushed downwards mainly by Wholesale of food, beverages and tobacco which declined by 6.5%, Other specialized wholesale with -16.2% year one year …

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