Dollar slightly softer vs euro; yen firm

The dollar edged down against the euro on Tuesday and market players pondered whether the U.S. currency could sustain its gains from its recent rally on the back of smaller U.S. job

Is Cyprus woefully uncompetitive?

The EU-harmonised consumer price inflation rate in Cyprus recorded a drop of 0.8% in July, the same as the national consumer price inflation rate for July. For the period January-July, the HICP

Cyprus retail sales drop 5.9% y/y (prov) in May

The turnover volume index of retail trade (except automotive fuel) in April 2009 fell by 1.7% compared with April 2008 according to revised data from the Statistical Service. According to provisional estimates

Cyprus wholesale turnover down sharply in Q1

Wholesale trade turnover fell sharply in the first quarter of 2009 according to the latest figures from the Statistical Service Cystat. The turnover value index of wholesale trade (excluding motor vehicles and