Tourist arrivals broke the 4 mln mark last year, up from the previous record set in 2019, with the number of holidaymakers choosing Cyprus for their vacation rising by 5.1% to 4,040,200,
The unemployed persons in Cyprus registered at the District Labour Offices on the last day of December 2024 reached 12,382 persons, up 10.5% from the previous month, but down by 1,288 or
Economic sentiment in Cyprus improved in December, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC) increased by 1.0 point compared to November. The increase in the ESI-CypERC to 108.8 points, the
The monthly Consumer Price Index (CPI) increased by 0.10 points in Cyprus in December 2024, rising to 118.31 points from 118.21 in November, while inflation in December increased at a rate of
Earnings from tourism reached €407.9 mln in October, a 17.7% year on year increase from €346.5 mln in the same month last year, with per person spending also rising, up 9.3% to
The Industrial Production Index in Cyprus reached 112.5 units in October, an increase of 2.0% compared to the same month last year, while for the January-October period, the index rose 3.8% compared
Hermes Airports, the international consortium operating the two main airports of Cyprus, marked a historic milestone in mid-December to serve a record 12 mln passengers this year and is expected to accommodate
Total sales of petroleum products in Cyprus amounted to 113,640 tonnes in November, a decrease of 4.7% from the same month last year, and a drop of 16% from the pervious month.
The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued to improve for the sixth consecutive month in November, as a result
The ruling coalition partners and the main opposition Democratic Rally (DISY) approved the Christodoulides administration’s second budget, that foresees a 3.25% increase in expenses and 4.1% higher revenues. In all, 37 of
