Retail trade in Cyprus shows signs of recovery

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Retail trade in Cyprus excluding motor vehicles showed signs of recovery reflecting the increase of economic recovery following the lifting of restrictions to combat the spread of the coronavirus pandemic. According to preliminary data published by the Cyprus Statistical Service, the Turnover Volume Index of Retail Trade rose to 130.7 units marking an increase of 7.5% compared with the previous month in the third consecutive increase since March where a two-month lockdown was enforced. Compared with July 2019, the index marked a …

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