March inflation lowest in 13 months

Despite inflationary pressures receding, March saw the lowest inflation rate for 13 months, but households continue to feel the cost-of-living pinch as they spend more on food. According to the Cyprus Statistical

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Central Bank expects 2.6% growth in 2023

The Central Bank of Cyprus (CBC) has marginally pushed up its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy

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February inflation reached 6.7%

Annual inflation in February rose by 6.7% as fuel prices continued their downward trend after hitting an all-time peak last summer. According to the Cyprus Statistical Service, the increase in the cost

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New wave of price increases

Supermarkets and retailers have signalled a new wave of price hikes on commodities, especially foodstuffs, as goods importers are considering adjusting their invoices quoting increased costs. Marios Antoniou, general secretary of the

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Inflation reached 6.8% in January

The inflation rate dropped by 1.4 percentage points in January, compared to the previous month, as consumers were given a respite from hiking fuel prices. According to the latest data released by

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Plenty to look forward to

By Craig Erlam   It hasn’t been the most thrilling start to the week, but the good news is that it should improve from here as the US rejoins and the economic calendar

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Inflation slows, unemployment rises

The annual inflation rate in January was 7.1%, continuing the deceleration path for the third consecutive month, while the number of unemployed rose 8.6%. January’s Consumer Price Index decreased by 1.42 points

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