What are the causes of high unemployment?

**A change in expectations is needed** By Fiona Mullen, Director Sapienta Economics Ltd One by-product of the population census in October 2011, which led to a sharp upward revision in the estimated

Retail sales decline deepens in April

 The decline in retail sales deepened in April, according to preliminary figures, with the volume of retail sales dropping by 5.9% in May compared with the year earlier, having dropped by 3.3%

Cyprus inflation drops in June

The EU-harmonised consumer price inflation rate (HICP) dropped to 2.9% in June, from 3.7% in May, thanks in large part to a fall in the prices of food and non-alcoholic beverages. Similarly,