cyprus retail — cyprus retail — Cyprus’ retail sector experienced a notable rebound in October 2025, with clothing and groceries leading the charge as consumer spending surged across various categories. According to data released by the Statistical Service (Cystat), the Turnover Value Index for retail trade, excluding motor vehicles, rose by 7.6 per cent compared to the same month last year.
The Turnover Volume Index enjoyed an even more impressive increase of 10.1 per cent, indicating a robust performance across both edible and non-edible goods. By using 2021 as the base year, the aggregated value index reached 142.6, while the volume index climbed to 126.9, demonstrating substantial growth in consumer activity.
Cyprus retail: Strong Performance Across Categories
In the January to October timeframe, retail value advanced by 6.4 per cent and volume increased by 7.8 per cent compared to the same period in 2024. The food, beverages, and tobacco sector saw one of the sharpest annual increases, with value climbing by 12.9 per cent to 156.1 and volume rising 15.3 per cent to 124.
Supermarkets also contributed significantly to this upward trend, with value growing by 7 per cent to 145.3 and volume expanding by 9.3 per cent to 122.7. Clothing and footwear sales recorded remarkable gains as well, with value rising by 15.3 per cent to 148.4 and volume surging by 24.4 per cent to 153.2.
Household Goods and Pharmaceuticals on the Rise
Sales of household equipment, which includes construction materials, furniture, electrical appliances, and lighting, increased by 11 per cent in value to 129 and by 12.8 per cent in volume to 117.3. The pharmaceuticals, orthopaedic goods, and cosmetics sector continued to grow steadily, with a value increase of 7.8 per cent to 131.4 and volume rising by 5.9 per cent to 121.8.
Additionally, the market for flowers, plants, watches, jewellery, optical goods, and second-hand items also saw positive movements, with value reaching 211.4, a rise of 7.8 per cent, and volume at 179.8, up 6.8 per cent.
Challenges in Cultural and Online Retail Sectors
Despite the overall positive trends, the cultural and recreation goods segment faced challenges, with a decline of 1.2 per cent in value to 119.9 and a 1.6 per cent drop in volume to 107.8. The retail sales not conducted in stores, which encompass online and mail-order trade, also saw a decline in October, down 10.7 per cent in value to 104.5 and 7.5 per cent in volume to 98.0, although these figures remained positive on a year-to-date basis.
Fuel Sales Maintain Steady Growth
Sales of automotive fuel edged up by 1.5 per cent in value to 126.3 and 3.5 per cent in volume to 114. However, cumulative figures for the first ten months revealed a 1.6 per cent drop in value while volume rose by 3.5 per cent.
For broader aggregates, retail trade excluding automotive fuel grew significantly, with an 8.2 per cent increase in value and a 10.9 per cent rise in volume. Edible goods saw a value increase of 8.3 per cent to 148.6 and a volume rise of 10.5 per cent to 124.4, while non-edible goods rose by 8.2 per cent in value to 140.1 and 11.2 per cent in volume to 132.8.
Cystat notes that the Turnover Value Index is calculated at current prices, while the Turnover Volume Index is derived at constant prices using the Consumer Price Index as a deflator, providing a comprehensive picture of the retail landscape in Cyprus.
