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Ministry of Finance, Statistical Service

Latest Figures: Turnover Value Index in Transport and Storage, 4th Quarter 2016

The Turnover Value Index of Transport and Storage for the fourth quarter of 2016 recorded an increase of 0,2% compared to the corresponding quarter of 2015.

For the period January-December 2016, the Turnover Value Index of Transport and Storage registered an increase of 1,1% compared to the corresponding period of the previous year. By economic activity, a rise of 6,9% was recorded in postal and courier activities, 6,3% in land transport and 0,7% in warehousing and support activities for transportation, whereas a fall of 13,1% was recorded in water transport. The big increase observed in air transport is the result of the launching of new air carriers within 2016, following the termination of the activities of Cyprus Airways in January 2015.



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