Cyprus Retail Trade Marks Resilient Performance with 5.8% Growth in April Turnover Value
Cyprus retail trade displayed a positive growth trajectory this April, securing gains in both total financial value and physical sales volume. New data from the Statistical Service highlights a steady momentum in consumer demand, driven heavily by automotive fuel and household goods.
According to the latest figures released by the Statistical Service, the Retail Trade Turnover Value Index (excluding motor vehicles) grew by 5.8% year-on-year in April. Alongside this financial growth, the Volume Index saw a 2.9% rise, confirming that real sales and consumer purchasing power remain on a steady upward trajectory.
The positive shift was primarily spearheaded by transport fuels, which experienced a substantial 16.5% spike in value. Household items, including furniture, electrical appliances, and construction materials—followed with a strong 10.3% increase, while information and communication equipment grew by 6.4%. Supermarkets and basic items also saw healthy gains, with food, beverages, and tobacco in non-specialised stores climbing 5.9%.
In contrast to the booming sectors, some categories experienced a downturn in April. Clothing and footwear value fell by 1.9%, while non-store retailing dropped by 5.1%. Minor contractions were also observed in luxury goods, with jewellery, watches, and optical items experiencing a slight 0.2% dip.
Looking at the broader picture, the overall retail trade index for the first four months of the year (January–April 2026) remains highly robust. The data shows a cumulative 6.4% increase in value and a 5.5% increase in volume, reinforcing strong consumer confidence moving into the second quarter of the year.