Soft CPI weakens Swiss Franc

The USDCHF pair rallied to 0.9070 in early European trading on Thursday, with the Swiss Franc strengthening as softer-than-expected Consumer Price Index (CPI) data for March boosted expectations of one more interest


No fuel to run the economy

Although the latest statistics showed that inflation in Cyprus came in lower than expected, and below the Eurozone target average of 2%, that could justify a cut in interest rates, the situation


Cyprus inflation up 1.8% in February

The monthly Cyprus consumer price index (CPI) increased by 1.03 points to 114.93 in February, from 113.90 in January, driven mainly by the services sector, with the inflation rate rising by 1.8%