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Could achieve 3.8% for the whole year The economy rebounded in the first quarter of 2005, as growth in gross domestic product (GDP) rose by 3.9% in real terms compared with the

The registered unemployment rate in Cyprus fell for the third consecutive month on May, reaching 3.1% of the laboru force, compared with 3.2% in April. However, the unemployment rate was still a

The EU-harmonised inflation rate as measured by the harmonised consumer price index (HICP) fell to 2.0% year on year in May, compared with 2.8% in April. On a month-on-month basis, HICP rose