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The Statistical Office announces the release of the bi-monthly bulletin "Monthly Economic Indicators", for the period January - December 2023. The bulletin presents the main short-term economic indicators for the Cyprus economy for the last months up to December 2023, as well as comparative data for the last four years, which were available until 14 February 2024.
Note: Trend depicts the long-term evolution of a series observed over a long period of time. It is the result of influences such as population growth, technological development and general economic growth.
The Manufacturing sector in January - November 2023 recorded a 3.3% increase compared to January - November 2022.
The total area of Approved Building Permits reached 2,091.5 thousand square meters in the period January - November 2023, an increase of 3.9% compared to the same period last year.
Total Motor Vehicle Registrations recorded an increase of 34.6%, reaching 45,494 in the period January - December 2023. Private saloon cars increased to 30,807, up 38.2%, and light trucks increased to 3,409, up 8.2% compared to January-December 2022.
The Consumer Price Index increased 3.5% in January-December 2023, compared to the same period last year.
Total Imports of Goods amounted to €12,764.2 million for the period January - December 2023, an increase of 11.3% and total Exports of Goods amounted to €4,189.5 million, a decrease of 0.5%.
Tourist Arrivals[/B] amounted to 3,845,652 in January - December 2023, compared to 3,201,080 in the same period of 2022, an increase of 20.1%.
More statistics are available in the bulletin Monthly Economic Indicators, which is available in electronic form on the Statistics Service's web portal.
For more information, interested parties can contact Ms Agathi Sofroniou: Tel:+35722602225, Tel. asofroniou@cystat.mof.gov.cy.
(NZ/EAθ)
Contents of this article including associated images are belongs PIO
Views & opinions expressed are those of the author and/or PIO
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