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Plastic straws, cutlery, plates, and cups will soon be outdated as Cyprus joins the rest of the EU in introducing an outright ban on single-use plastic items from 1 October to reduce

Prices rose 4.4% in October

The Harmonised Index of Consumer Prices (HICP) rose by an annual 4.4% in October, following an upward trajectory for the eighth consecutive month triggered mainly by energy prices. According to data released

October registered unemployed dips 65%

The number of registered unemployed saw a big annual drop of 65% in October from 31,487 in 2020, attributed mainly to a thriving hotel, tourism and hospitality sectors, the Statistical Service reported