Economic sentiment in Cyprus deteriorated slightly in January, as the Economic Sentiment Indicator decreased by 0.6 points month-on-month to 108.2. However, it was up 3.1 points year-on-year. The University of Cyprus Economics
Real GDP growth in Cyprus is estimated to have accelerated from 2.6% in 2023 to 3.7% in 2024, according to a University of Cyprus report. Growth is projected to moderate to 3.3%
Some 4,500 people have applied in Cyprus for the new electronic identification card (eID) just two days after its launch, with the government offering an incentive to the first 100,000 applicants. The
The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued on an upward trend for the seventh consecutive month in December, as
The Cyprus funds sector saw a small quarterly drop in the value under management, as well as the number of management companies and alternative investment funds at the end of the third
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
