The industrial turnover index rose an annual 7.2% in November 2016 as the increased sales at home more than offset a drop in exports, the statistical service said.
In November, turnover generated by domestic sales rose 11% while that from exports dropped 8.3%, Cystat said in a statement on its website.
Turnover in manufacturing rose 3.8% in November, as domestic sales rose 7.5% and exports dropped 10% compared to the respective month of 2015, Cystat said. Quarries saw their turnover rise 31% on stronger sales at home, while turnover from electricity generation rose 29%. Turnover of water supply and recycling companies rose 15%.
In January to November, industrial turnover rose 1.1%, Cystat said. Domestic sales rose 1.7% while exports fell 2.2%.
Source: Cyprus Mail
