New data from the Statistical Service of Cyprus (Cystat) show that retail trade expanded in January, with both value and volume indices increasing year-over-year.
Retail Trade Gains Drive Economic Momentum
The value index of retail turnover rose 7.4%, while the volume index increased 8.3% compared with January 2025. The parallel rise in value and volume indicates higher sales receipts and increased quantities sold, pointing to sustained consumer demand at the start of the year.
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Broad Economic Trends Foster A Positive Outlook
Retail growth aligns with broader domestic indicators. Manufacturing output increased 4.4% between January and November 2025, while authorized building permits reached 2,612,000 square meters, up 30.7% compared with the previous period. The construction data suggest continued investment activity across the sector.
Automotive And Trade Performance Highlight Economic Stability
Motor vehicle registrations rose 5.8% in 2025. Private saloon cars increased 3.2%, while light goods vehicles rose 6.9%. Inflation remained subdued, with the consumer price index increasing 0.1% year-over-year. External trade also expanded, with imports reaching €13.55 billion, up 7.7%, and exports rising 7% to €5.5 billion.
Surge In Tourism Strengthens Economic Recovery
Tourist arrivals totaled 4,534,073 between January and December 2025, up 12.2% compared with the previous year. Tourism remains a key contributor to overall economic performance, supporting services, retail, and transport activity.
Conclusion
January retail growth reflects broader expansion across manufacturing, construction, trade, and tourism. The data show continued economic activity across multiple sectors at the start of the year.
