Retail trade in Cyprus marked notable growth in March, with both the Turnover Value Index and the Turnover Volume Index increasing by 5.6% compared to the same month last year, according to the data released on Friday by the Statistical Service of Cyprus (CyStat).
The Turnover Value Index for retail trade, excluding motor vehicles, rose to 128.4 points (base year 2021=100), while the Volume Index rose to 114.7 points.
In the first quarter of 2025, the Retail Trade Value Index increased by 5.3%, while the Volume Index grew by 4.3% compared to the same period in 2024, with March outperforming.
According to the official figures, the yearly expansion in March was driven by rising consumer demand across both edible and non-edible goods.
Food, beverages and tobacco in non-specialized stores (e.g. supermarkets) led the value growth in March with a 7.1% increa-
se year-on-year, and volume rising 5.9%.
Clothing and footwear saw a significant 16.7% increase in volume and 7.4% in value. Cultural and recreational goods, including books, toys, and sports equipment, registered a 7.8% rise in both value and volume.