Data from the Cyprus Statistical Service (Cystat) show higher turnover across several service sectors during the first quarter of 2026 compared with the same period a year earlier.
Overview Of Q1 Performance
Several key sectors recorded annual growth during the quarter. Accommodation and food service activities increased by 3.9%, while transport and storage activities rose by 3.5%. Professional, scientific and technical activities recorded a growth of 3.0%, and real estate activities increased by 2.8%.
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Sector Highlights And Detailed Analysis
Within the transport sector, air transport recorded the strongest annual increase, rising 21.3% year-on-year. Land transport and pipeline activities grew by 7.3%, while warehousing and support services increased by 2.9%. Water transport and postal and courier activities moved in the opposite direction, declining by 1.0% and 0.7% respectively.
Breaking Down The Index Levels
Information and communication recorded the highest index level at 184.2 points, compared with 184.0 points in the first quarter of 2025. Administrative and support service activities, professional, scientific and technical services, real estate activities, and transport and storage also reported higher index levels than a year earlier.
Sub-Sector Dynamics And Annual Trends
Annual data also pointed to continued growth in accommodation and food service activities. The sector recorded an increase of 9.5% in 2025, with accommodation services rising by 10.3% and food and beverage service activities increasing by 8.8%. Information service activities and several categories within professional, scientific and technical services also recorded annual gains compared with the previous year.
Implications And Future Outlook
The turnover index, which uses 2021 as its base year, measures changes in current-price turnover across key sectors of the economy. Performance varied across sectors, including telecommunications, publishing and management consultancy services, highlighting differences in turnover trends across the broader services economy. Detailed datasets and methodology are available through the Cyprus Statistical Service.
