Car sales remain fragile

The total registrations of motor vehicles increased by 1.5% to 22,074 from January to July, up from 21,752 in the same period last year, the Cyprus Statistical Service said. Passenger saloon car

Residential property sales rising

Residential property sales have shot up by 38% in the first half of 2021 compared to the same period in coronavirus-stricken 2020. According to the Land Registry Office data, registered residential property

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Car sales rise 8% in first five months

Motor vehicle registrations declined by an annual 7.8% in May, although total sales rose by 9.8% in the first five months of 2021, reflecting the improved Covid pandemic outlook. According to the

Car sales rise for first time in 13 months

For the first time since Cyprus went into COVID-19 lockdown, monthly sales of passenger saloon cars went into positive territory in March. Not since February 2020 have car sales enjoyed a month-on-month

Car sales continue to drop into 2021

In the first two months, car sales continued on their downward spiral that started two years ago, compounded when the coronavirus pandemic struck the industry in 2020. According to the Cyprus Statistical

Property sales figures can lie

By Pavlos Loizou When the Department of Lands and Surveys released data on sales contracts for January, it struck me the numbers and percentages were presented without analysis, indicating the beginning of

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COVID19: Halloumi export sales slow

After a record year for Cyprus’ flagship export halloumi, demand for the squeaky cheese has slowed with order cancellations and undelivered quantities due to lockdowns across Europe to combat the second wave

Car sales dip 18.4% in 2020

Car sales last year reached their lowest ebb since 2016 with registrations in 2020 down by 18.4% with the pandemic playing a major role. It was the second year running that passenger

Passenger car sales drop 21% in October

Motor vehicle sales were affected by the pandemic in Cyprus dropping by an annual 18.5% in the first 10 months to October. During this period there was a two-month lockdown from March

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