Cyprus has demonstrated notable growth in turnover indices during the third quarter of 2025, signalling robust economic activity. According to the Statistical Service of Cyprus (Cystat), both wholesale trade and the trade and repair of motor vehicles experienced significant annual increases.
Turnover indices: Wholesale Trade Sees Steady Gains
In the realm of wholesale trade, the turnover value index rose by 4.8 per cent compared to the same quarter last year. This consistent upward trend suggests that businesses are gaining momentum and adapting well to the current economic climate.
Motor Vehicle Sales Surge
More impressively, the trade and repair of motor vehicles reported an even stronger performance, with a 7.6 per cent increase in turnover value. This growth may reflect a combination of rising consumer confidence and an increase in vehicle demand, a hopeful sign for the automotive sector.
Implications for the Economy
The increase in turnover indices across these sectors is indicative of a broader economic recovery in Cyprus, highlighting the importance of these industries in sustaining overall growth. As businesses continue to thrive, the potential for job creation and economic stability remains strong.
Looking Ahead
With the third quarter results now available, stakeholders will be keen to see if this upward trend continues into the final quarter of the year. Observers will be particularly interested in how seasonal factors and consumer behaviour evolve as the year comes to a close.
