2 June 2025, 12:33 Euro Zone: Cyprus Retail Sales Growth at 5-Month High.
Retail sales in Cyprus grew by 6.3% year-on-year in April 2025 from 5.6% in the previous month. This marked the strongest growth in retail activity since November 2024, primarily attributed to a jump in sales of food, beverages, and tobacco in non-specialised stores (7.5% vs 5.9% in March), pharmaceuticals, orthopedic goods, and cosmetics (4.0% vs 0.3%), and flowers, plants, watches, jewelry, optical goods, and second-hand goods (12.7% vs 3.8%). Additionally, sales recovered significantly for food, beverages and tobacco in specialised stores (10.8% vs -0.7%) and automotive fuel (3.1% vs -1.3%). Meanwhile, sales slipped for other household equipment (-3.1% vs 7.7%), cultural and recreation goods (-0.5% vs 7.8%) and it slowed for ICT equipment (7.9% vs 9.5%) and clothing and footwear (12.2% vs 16.7%). On a year-to-date basis, retail sales advanced by 5.8%.
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