ARTICLE
7 March 2023

Turnover Value Index Of Transport And Storage: 4th Quarter 2022

Ki
KPMG in Cyprus

Contributor

KPMG has been operating in Cyprus since 1948 and currently employs more than 800 professionals working from 6 offices across the island. It is a member of KPMG International Limited, a global organisation of independent professional services firms providing Audit, Tax and Advisory services. KPMG operates in 143 countries and territories and has approximately 273,000 people working in member firms around the world. Clients look to KPMG for a consistent standard of service based on high-order professional capabilities, industry insight, local knowledge and expertise.
The turnover value Index of transport and storage for the fourth quarter of 2022 reached 134,5 units ...
Cyprus Strategy

The turnover value Index of transport and storage for the fourth quarter of 2022 reached 134,5 units (base year 2015=100), recording an increase of 30,3% compared to the corresponding quarter of 2021.

By economic activity, increases relative to the fourth quarter of the previous year were observed in air transport by 576,1%, in warehousing and support activities for transportation by 22,5%, in land transport by 18,3% and in water transport by 5,5%, while a decrease of 5,1% was observed in postal and courier activities.

During the period January-December 2022, the Turnover Value Index of Transport and Storage recorded an increase of 41,1% compared to the corresponding period of 2021.

Source:Cystat

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