Inflation in Cyprus was recorded at 8.8% in October, up from 8.7% in September on the Consumer Price Index, lower than the estimated 10.7%-euro area inflation. It increased by 0.89 units and
Chaos in the markets, the cost of living crisis, and central bank interventions bring more anxiety for households and businesses and deliver a robust reminder for investors, says the CEO of a
Cyprus’ annual inflation rate hit 9% in September from 9.6% the month before, keeping it below the EU average of 10.9% and the seventh lowest in the bloc. The harmonised consumer prices
Cyprus malls have escaped unscathed from the effects of hiking inflation rates, with their turnover setting new records. Stakeholders report that an influx of tourists compared to two years of coronavirus has
Consumer Price inflation is forecast at 8.6% for 2022, slipping to 3.4% in 2023, while GDP growth this year is projected at 4.9%, followed by a lower 2.4%, the University of Cyprus
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of deep unease rippled through financial markets on Tuesday as concerns over the global growth outlook and geopolitical threats left investors on
Cypriots are not keen to let go of their traditional autumn getaways to Greece; despite an increase in the cost of living, they grabbed all available holiday packages to Athens, report travel
Hiking inflation is threatening to halt an upward trend in housing loans from Cypriot banks recorded in the past two years, as interest rates are being pushed up. Cyprus bank officials say
By Craig Erlam Stock markets are bouncing back on Friday, although no one is getting excited by the moves which pale in comparison to the preceding losses. This looks like nothing more
By Craig Erlam We’re in for another day of risk-off trade, with parts of Asia recording heavy losses and Europe opening on the backfoot. Fear of tightening-induced recessions has wiped out the
