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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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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Average salaries up 6% in 4Q 2023

The average salary in Cyprus grew by 6.2% in the fourth quarter of 2023, compared to the same period in 2022, according to provisional data released by the Statistical Service, offering some

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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%

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