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Annual Change +29.1%
The Transport and Storage Business Cycle Index for the first quarter of 2023 reached 126.7 units (base 2015=100), an increase of 29.1% compared to the corresponding quarter of 2022.
By economic activity, year-on-year increases were recorded for air transport by 387.9%, land transport by 22.7%, water transport by 19.4%, storage and supporting transport activities by 18.6% and postal and courier activities by 12.1%.
Note: NACE code 51 is not included in the graph
Table
|
NACE Rev. 2 |
[TD]
Economic Activity
[/TD] [TD]Business Cycle Index (2015=100)
[/TD] [TD]
Percentage Change(%)
[/TD] [TD] [/TD] [/TD][TR] [TD]
Jan-Mar 2023
[/TD] [TD]
Jan-Mar 2022
[/TD] [TD]Jan- Mar 2022
[/TD] [TD]Jan-Mar 2023/2022
[/TD] [TD] [/TD] [/TR] [TR] [TD] [/TD] [/TR] [TR] [TD]
Transportation and Storage
[/TD] [TD]Transportation and Storage
[/TD] [TD]126,7
[/TD] [TD]
98.1
[/TD] [TD]29,1
[/TD] [TD] [/TD] [/TR] [TR] [TD]49
[/TD] [TD]Land transport and transport by pipeline
[/TD] [TD]113.4
[/TD] [TD]92.4
[/TD] [TD]22,7
[/TD] [TD] [/TD] [/TR] [TR] [TD]50
[/TD] [TD]Waterborne transport
[/TD] [TD]70.3
[/TD] [TD]58,9
[/TD] [TD]19.4
[/TD] [TD] [/TD] [/TD] [/TR] [TR] [TD]51
[/TD] [TD]Air transport
[/TD] [TD]8.925.0
[/TD] [TD]1.829.2
[/TD] [TD]387.9
[/TD] [TD] [/TD] [TD] [/TD] [/TR] [TR] [TD]52
[/TD] [TD]Storage and support activities
[/TD] [TD]113.8
[/TD] [TD]95.9
[/TD] [TD]18,6
[/TD] [TD] [/TD] [/TR] [TR] [TD]53
[/TD] [TD]Postal and courier activities
[/TD] [TD]128,1
[/TD] [TD]114,2
[/TD] [TD]12,1
[/TD] [TD] [/TD] [/TR]
Methodological information
Definitions
The Transport and Storage Turnover Index monitors short-term developments in the turnover of companies operating in the land transport and pipeline transport sectors, water transport, air transport, storage and supporting transport activities and postal and courier activities.
The survey is a sample survey of enterprises active in the above sectors. It is carried out by telephone, fax and e-mail. The data are collected on a quarterly basis.
Method of calculation
The index is produced for the five branches of the Economic Activities Classification System (NACE Rev. 2) that make up the Transport and Storage sector. Its base year is 2015, i.e. it shows the change in turnover of enterprises for the reference period compared to the average of 2015. In the base year, the average of the quarterly indicators is 100.
The coefficients used for the weighting are derived from the total sales of enterprises in the base year (2015) and reflect the turnover of each industry in relation to the sector as a whole.
For more information:
Statistical Service Portal, under Services
CYSTAT-DB (Database)
Predefined Tables (Excel)
The Predefined Tables in Excel format include data up to the fourth quarter of 2022. For the first quarter of 2023 and thereafter, the update is done only in the CYSTAT-DB Database.
Contact:
Andri Milidoni
Tel:+357 22 602240
Tel. Postal: amilidoni@cystat.mof.gov.cy
(MB/SX)
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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