Cyprus retail sales slip in July

After a fairly strong run this year, retail sales slipped in July, as volumes fell by 0.8% compared with July 2004. The main change in fortunes came from sales excluding food, beverages

Cyprus social expenditure lowest in EU

Statistics published by the Statistical Service from Eurostat this week show that expenditure on social protection measures in Cyprus was the lowest in the EU in 2002, at 16.2% of GDP. This

Labour Force Survey results

According to the results of Labour Force Survey for the 2nd quarter of 2005, the number of employed persons amounted to 347,798 (males 197,145 and females 150,653) and the number of unemployed

Amazon revenue rises sharply but profits fall

Leading online retailer Amazon.com has posted sharply higher third-quarter revenue, but profits were 44% lower due to a one-time legal settlement for a patent infringement case. Sales amounted to 1.86 bln dollars,