GDP Archives - Financial Mirror

Eyes on Eurozone inflation and GDP

Following a volatile opening to the week, markets remain relatively quiet on Tuesday, as gross domestic product (GDP) data for the first quarter from the Euro area and Germany will be watched

30th April 2024

Markets/World

Annual financial net worth at -€26.622 bln

Cyprus’ annual financial net worth stands at -€26.622 billion, according to Statistical Service data. It said the total assets of the economy in financial instruments was €686.92 billion at the end of

21st November 2023

Cyprus/Economy

EU Forecast: Cyprus GDP growth to slow

Cyprus GDP growth is expected to slow in 2023 but gradually pick up over the next years, while inflation should subside, according to the EU Autumn Economic Forecast. On an EU level,

16th November 2023

Cyprus/Economy

Q3 GDP growth at 2.2%

The Cypriot economy’s seasonally adjusted annual GDP growth rate reached 2.2% in the third quarter, maintaining the same level as Q3 2022 but showing a lower quarterly growth than in Q1. According

15th November 2023

Cyprus/Economy

Slowing GDP growth to pick up in 2024, says UCy outlook

Real GDP growth is forecast to slow from 5.1% in 2022 to 2.4% in 2023 before picking up to 2.8% in 2024, according to the latest economic Outlook from the University of

1st November 2023

Cyprus/Economy

Cyprus sees largest spike in tax-to-GDP ratio

Annually, the tax-to-GDP ratio increased in 12 EU countries, with the largest rise registered in Cyprus (from 34.8% in 2021 to 36.5% in 2022) and Hungary (33.9% to 35.1%). The overall tax-to-GDP

31st October 2023

Cyprus/Europe

Government Q2 debt-GDP ratio sees largest EU spike

Cyprus’ general government gross debt-to-GDP ratio increased by 2.2 percentage points (pp) to 85.3% in the second quarter of 2023, compared with the previous three months, the largest quarterly increase by an

25th October 2023

Cyprus/Europe

IMF revises Cyprus GDP down to 2.2%

International Monetary Fund (IMF) World Economic Outlook forecasts that Cyprus’ growth rate for 2023 will slow to 2.2% GDP, down from the 2.5% it had projected in April. For 2024, the IMF

11th October 2023

Cyprus/Economy

Central Bank lowers GDP growth forecasts

The Central Bank of Cyprus revised its projections for GDP growth, estimating it will be 2.4% this year and 2.7% in 2024, down from its June estimate of 2.6% and 2.8%. In

25th September 2023

Cyprus/Economy

GDP growth slowing, better next year

Projected GDP growth of the Cyprus economy has been revised downward to 2.6% from an initial 2.8%, while next year’s momentum is expected to pick up, said Finance Minister Makis Keravnos. The

21st September 2023

Cyprus/Economy