[H]The Transport and Storage Business Cycle Index for the fourth quarter of 2022 reached 134.5 points (based on 2015=100), an increase of 30.3% compared to the corresponding quarter of 2021.[/H]
By economic activity, year-on-year increases were recorded in air transport by 576.1%, warehousing and supporting transport activities by 22.5%, land transport by 18.3% and water transport by 5.5%, while postal and courier activities recorded a decrease of 5.1%.
In the period January-December 2022, the Transport and Warehousing Turnover Index recorded an increase of 41.1% compared to the same period in 2021.
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METHODOLOGICAL INFORMATION
Definitions
The Index of Turnover in Transport and Warehousing monitors short-term developments concerning the turnover of enterprises operating in the land transport and pipeline transport sectors, water transport, air transport, storage and supporting transport activities and postal and courier activities.
Data collection
The survey is a sample survey of enterprises active in the above sectors. It is carried out by telephone, fax and e-mail. 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[/URL]
CYSTAT-DB (Database)
Predefined Tables (Excel)
Contact
Andri Milidoni. Postal: amilidoni@cystat.mof.gov.cy
(MX/EXP)
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