Cyprus inflation drops in September

The inflation rate dropped in September to 2.4%, after recording 2.9% in August 2011 and 3.5% in September 2010. The main reason was a decline compared with the year earlier in the

Cyprus GDP growth in 2010 revised up

2009 revised down Newly released data for the national accounts have resulted in a slight upward revision to real GDP growth in 2010 but a downward revision to 2009. The growth rate

Syrian unrest choking tourism to Lebanon

The number of Arab tourists who drive into Lebanon is down by 90% this year after months of political unrest in Syria, the only neighbouring country with an open border into Lebanon,

Unemployment continues to rise in September

The ranks of the unemployed continued to rise on both an absolute and seasonally adjusted basis according to the latest figures on registered unemployment. According to the Statistical Service, the number of