Almost 60% of CEOs surveyed by PwC around the world expect economic growth to increase over the next 12 months, despite geopolitical risks and inflation, while a growing number say they plan
The monthly Consumer Price Index (CPI) increased by 0.10 points in Cyprus in December 2024, rising to 118.31 points from 118.21 in November, while inflation in December increased at a rate of
The Consumer Price Index (CPI) increased marginally in August to 118.0 points, up 0.31% from 117.73 in July, with the rate of inflation of cost of consumer goods and services rising 1.5%
Following the previous week’s choppy action, markets remain subdued on the first trading day of June. S&P Global will release revisions to May Manufacturing PMI data for Germany, the Eurozone, the UK and
The Euro-dollar currency pair is trading in the lower 1.0600s on Friday, after recovering slightly from an early bout of weakness. News reports of an escalation in the Middle East conflict had
The EURUSD pair fell further to 1.0720 Thursday after the European Central Bank decided to hold its Main Refinancing Operations Rate steady at 4.5%. The ECB was widely anticipated to keep its
Consumers in Cyprus are still grappling with the lingering effects of previous inflation surges, despite a slowdown in the inflation rate to its lowest level in three years this March. The cost
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
Moody’s said on Thursday that the risks associated with loans for Cypriot banks are expected to decrease further due to consistent economic growth, alongside declining inflation and unemployment rates. However, reaffirming the
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
