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Retail Boom

Retail Boom

Cyprus Retail Trade Sees Significant Increase

The Cyprus retail trade has experienced a notable surge in recent months, with a 9.8% increase in value and a 7.5% increase in volume compared to the same period last year.

Key Statistics

  • 9.8% increase in retail trade value
  • 7.5% increase in retail trade volume
  • 20.9% increase in fuel sales
  • 12% increase in other household equipment sales
  • 10.1% increase in educational and entertainment products sales

The largest annual increase in value was recorded in fuel sales, with a 20.9% rise, followed by a 12% increase in other household equipment and a 10.1% increase in educational and entertainment products.

Volume Increases

In terms of volume, the largest increase was seen in clothing and footwear, with a 19.4% rise, followed by a 17.6% increase in information and communication equipment and a 13.3% increase in other household equipment.

However, a 3.8% decrease was recorded in fuel sales volume, and a 2.1% decrease in flowers, plants, clocks, jewelry, optical products, and second-hand goods.

Year-to-Date Increase

From January to May 2026, the retail trade value index saw a 7.1% increase compared to the same period in 2025, while the volume index rose by 5.9%.