Inflation decelerates in October

Cyprus’ inflation rate showed signs of decelerating in October following two months of price increases, dropping 0.7% to 3.5%. According to data from the Cyprus Statistical Service, the October Consumer Price Index

/

Sizzlingly hot October weather

Cyprus is experiencing a resurgence of summer-like conditions in mid-October, thanks to a dominant high-pressure system, elevating daytime temperatures significantly beyond the typical seasonal averages. Maximum temperatures on Monday rose to 34

/

October price inflation at 8.8%

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

October economic sentiment improves

In October 2022, economic sentiment in Cyprus improved as confidence was driven by the services sector and retail trade gains. The Economic Research Centre of the University of Cyprus’ Economic Sentiment Indicator

/

No more single-use plastic from October

Plastic straws, cutlery, plates, and cups will soon be outdated as Cyprus joins the rest of the EU in introducing an outright ban on single-use plastic items from 1 October to reduce

1 2 3