Government uneasy over price increases

Τhe government is concerned about the economic risks arising from price increases, but a spike in inflation is considered temporary, said Finance Minister Constantinos Petrides. The minister pointed out the need for

Energy prices keep inflation at 4.1%

In September, inflation in Cyprus remained relatively high as rising fuel and energy costs kept it at 4.1%, although lower than the 5% in August. Food and non-alcoholic beverage prices slowed while

Risk sentiment hit by several headwinds

By Han Tan, Chief Market Analyst at Exinity Group Markets appear to be sobering up to the looming prospects of the Federal Reserve’s tapering as the market reassesses the Fed tightening cycle.

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Inflation spikes 5% on energy prices

August inflation in Cyprus spiked by an annual 5%, pushed upwards mainly by rising energy prices. The Consumer Price Index increased by 1.59 units and reached 104.09 units compared to 102.50 units

Pound falls after BoE decision

By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were expecting more hawks to join the policy discussion were left empty-handed at the Bank of England meeting on Thursday. Policymakers voted

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