The value of transactions in the real estate sector reached €1.52 bln in the second quarter of 2023, with the market bearing the impact of higher interest rates, inflation and increased construction
Cyprus’ annual inflation reached its lowest level in 25 months in June, hovering at 1.9%, mainly due to the decline in food prices. According to the Statistical Service, the Consumer Price Index
By Craig Erlam It’s been a relatively slow start to the week, but things are likely to pick up with more appearances from prominent central bankers and key data due for release
The government will introduce more measures to fence off the effects of persisting high inflation following news that interest rates will rise after the latest increase imposed by the European Central Bank.
By Han Tan, Chief Market Analyst at Exinity Group The Federal Reserve is widely expected to hit the pause button on Wednesday on its rate hike campaign that began over a year
The economy of Cyprus is expected to slow to 2.5% GDP in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, the International Monetary Fund
Annual inflation in Cyprus dropped to 3.01% in May, continuing its downward trajectory for a seventh consecutive month, mainly driven by the reduction of fuel prices. Price inflation in May marked the
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended “productive talks” without a
Adjusting wages to meet inflation with automatic mechanisms such as the Cost-of-Living Allowance will not solve the real problem of income inequality with low-earners not seeing their earnings improve for a decade,
Cyprus had the fourth lowest annual inflation rate in the EU at 3.9% in April, below the European average of 8.1%. Cyprus’ annual EU-harmonised inflation slowed to 3.9% in April from 6.1%
