{"id":5233,"date":"2024-03-23T08:00:31","date_gmt":"2024-03-23T06:00:31","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=5233"},"modified":"2024-03-23T08:00:31","modified_gmt":"2024-03-23T06:00:31","slug":"cyprus-sees-30-per-cent-annual-surge-in-vehicle-trade-and-repair","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=5233","title":{"rendered":"Cyprus sees 30 per cent annual surge in vehicle trade and repair"},"content":{"rendered":"<div><img decoding=\"async\" src=\"http:\/\/ch.jfdi.cc\/wp-content\/uploads\/2024\/03\/cyprus-sees-30-per-cent-annual-surge-in-vehicle-trade-and-repair.jpg\" class=\"ff-og-image-inserted\"><\/div>\n<p><strong>Cyprus\u2019 Index of Trade and Repair Activities of Motor Vehicles witnessed a surge of 30 per cent<\/strong> on an annual basis in 2023, primarily reflecting the increased prices, particularly in the used car market.<\/p>\n<div class=\"cypru-video-ads\" id=\"cypru-904791290\">\n<div id=\"cypru-942907852\" data-cypru-trackid=\"478051\" data-cypru-trackbid=\"1\" class=\"cypru-target\">\n<div id=\"gpt-ad-5355683999873-0\">\n<\/div>\n<\/div>\n<\/div>\n<p>According to a report released on Friday by the Cyprus Statistical Service (Cystat), the index in the economic activity of Motor Vehicle Sales stood at 193.3 units in the last quarter of 2023, marking a 42 per cent increase on an annual basis.<br \/>\nMoreover, for the entire year of 2023, the increase amounted to 30 per cent.<br \/>\nIn addition, year-on-year increases of 12.3 per cent and 11.8 per cent were recorded in 2023 for the maintenance and repair of motor vehicles, and the activities related to the sale of parts and accessories for motor vehicles, respectively.<br \/>\nFurthermore, a 24.5 per cent annual increase was reported in 2023 for the sales, maintenance, and repair of motorcycles, their parts and accessories, with the index reaching 178.2 units in the last quarter of 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2023, Cyprus experienced a significant increase in its Index of Trade and Repair Activities of Motor Vehicles, with a surge of 30 per cent on an annual basis, primarily due to increased prices, especially in the used car market. The Cyprus Statistical Service reported that the index for Motor Vehicle Sales reached 193.3 units in the last quarter of 2023, marking a 42 per cent annual increase. Additionally, maintenance and repair of motor vehicles saw a 12.3 per cent increase, while activities related to the sale of parts and accessories for motor vehicles increased by 11.8 per cent. Sales, maintenance, and repair of motorcycles, along with their parts and accessories, also reported a 24.5 per cent annual increase, with the index reaching 178.2 units in the last quarter of 2023.<\/p>\n","protected":false},"author":3,"featured_media":5234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1107,3,1042,250,1823,3120,1033,1043,1565,1006,3119,2463],"class_list":["post-5233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-car","tag-cyprus","tag-cystat","tag-google","tag-increase","tag-motor-vehicles","tag-prices","tag-statistical-service","tag-surge","tag-trade","tag-trade-and-repair-activities","tag-vehicles"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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