Registrations of motor vehicles continued to decline in May, falling by 11.1% over the year earlier to 3,998. In January-May, total registrations fell by 15.0% to 18,939, from 22,275 in January –
The trade deficit widened in April, according to preliminary estimates for the month, reaching EUR 403 mln, compared with EUR 364 mln in April 2009. Total imports/ arrivals reached EUR 483.5 mln
Cyprus actually clambered out of recession in the first quarter of 2010 according to the latest data from the Statistical Service Cystat, contrary to earlier estimates showing a sixth consecutive quarter of
The consumer price inflation rate eased to 1.6% in May from 2.4% in April, largely thanks to a fall in food price relative to the previous year. Compared with the previous month,
Credit card spending by locals rose in May according to data from the credit card company JCC. Local plastic card use by Cyprus residents increased by 1% over the year earlier to
Turkish Cypriots spent EUR 6.6 mln using credit and debit cards in the southern part of Cyprus during the first five months of the year, according to data from the credit card
Unemployment in Cyprus continued its relentless climb in May, rising by 5,425 or 35.8% compared with May 2009, having risen by 34.3% in April. The annual increase was mainly recorded in the
The consumer price inflation rate eased to 1.6% in May from 2.4% in April, largely thanks to a fall in food price relative to the previous year. Compared with the previous month,
Oil prices rose by almost 2 percent on Thursday due to an industry report that showed a drop in U.S. crude inventories and as robust economic indicators injected confidence into financial markets.
Cypriot consumer price inflation fell to 1.6 percent year-on-year in May from an April reading of 2.4 percent, pushed down by a drop in the price of vehicles and vegetables. The statistics
