Road freight transport up 11% in 4Q

The total weight of goods transported by road in Cyprus increased by 11.4% in the last quarter of 2023, compared to the corresponding period of October-December 2022, rising from 9.09 mln tonnes

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Q1 growth rate seen at 3.5%

The Cyprus economy’s growth rate in real terms during the first quarter of 2024 is positive and gross domestic product is estimated at 3.5% year-on-year, according to the flash estimate by the

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Economic sentiment picks up in April

Economic sentiment in Cyprus improved mildly in April after two months of deterioration, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points compared with March. Having risen to

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Trade deficit narrows in Jan-Feb

The trade deficit for the first two months of the year fell to €1,144.4 mln, compared to €1,929.6 mln in January-February last year, on a significant 32% drop in imports and a

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