The retail sector in Cyprus demonstrated robust health in July 2025, with the volume of sales surging by 8.7% compared to the same month last year. The total value of these sales also saw a significant increase of 5.2%, according to the latest data released by the Statistical Service.
Sector Standouts Driving Growth
The primary engine of this growth was the food, beverages, and tobacco category in specialized stores, which recorded a massive 19.8% increase in sales volume and a 15.3% rise in value. This indicates strong consumer spending on these goods.
The Clothing and Footwear sector also performed exceptionally well, with its sales volume jumping by 15.7%, suggesting high demand in the apparel market during the summer month.
Lagging Categories
While most sectors saw growth, the data revealed a few areas of weakness. The only category to experience a decline in the volume of goods sold was Cultural and recreation goods, which includes items like books, stationery, and toys, with a slight dip of 1.0%.
On the value side, sales of automotive fuel recorded the largest decrease, falling by 5.7% compared to July of the previous year, a figure that can be influenced by fluctuations in fuel prices.
Year-to-Date Performance
The strong performance in July contributes to a positive trend for the year so far. For the period of January to July 2025, the retail trade value index has increased by 6.4% and the volume index has grown by 7.2% compared to the same period in 2024, confirming sustained momentum in the retail sector.
Source: Stockwatch.com.cy