Cyprus by the Numbers

Fuel prices saw a marginal decrease over the past week, contrary to expectations that accompanied the reduction in the consumption tax rates for motor fuels. The reduced tax rates, effective ...

In Q3 of 2023, the Cyprus Securities and Exchange Commission (CySEC) directed 335 Collective Investment Organisation Management Companies, with €8.6 billion in Assets Under Management. This marked a slight increase from the previous ...

The latest figures published by the Cyprus Statistical Service (CSS) indicate a notable surge in both construction output and construction producer prices profits. Both construction output and construction producer prices ...

Cyprus recorded an increase in registered vehicles throughout the year 2023, according to the latest report from the Cyprus Statistical Service (CSS), Motor Vehicle Registrations. The total number of registered vehicles ...

In December, the Cyprus Statistical Service (CSE) reported an inflation rate of 1.6 per cent, slightly below Eurostat’s harmonised consumer price index, which recorded 1.9 per cent. This positions Cyprus with ...

The Union of Cypriot Pensioners (Ekysy) has announced a positive development for pensioners across the island, as legislation came into effect on January 1, ensuring a 3.89 per cent increase in the ...

In the third quarter of 2023, Cyprus experienced a notable increase in its current account deficit, reaching €517 million, compared to €399 million in the same period last year, according to preliminary data ...

Cyprus’ registered unemployment figures witnessed an eight-month low in December 2023, according to seasonally adjusted data by the Cyprus Statistical Service (Cystat). According to the report, the number of registered unemployed ...

The Cypriot government recorded a surplus of €1 billion, equivalent to 3.4 per cent of the Gross Domestic Product (GDP), between January and November 2023, according to a report released on Friday by ...

Cyprus saw a significant surge in the Industrial Production Index in October 2023, reaching 138.6 units, with 2025 being the base year, marking a 5.4 per cent increase, according to a report released this ...

There was a notable rise of 6.2 per cent in the average gross monthly earnings of employees in Cyprus during the third quarter of 2023, totalling €2,224, compared to €2,094 in the same period ...

The European Commission’s latest report on Cyprus’ economic and financial outlook for Autumn 2023 has outlined a series of projections and assessments, painting a nuanced picture of the country’s ...

The harmonised index of consumer prices in Cyprus recorded a year-on-year rate of 2.4 per cent in November 2023, marking a slowdown compared to the rate of 3.6 per cent observed in October 2023, ...

Rating agency Capital Intelligence recently revised its outlook for the Bank of Cyprus’ (BoC) Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Ratings (BSR) from stable to positive. The ...

The Construction Materials Price Index in Cyprus has experienced a marginal increase of 0.08 per cent in November 2023, when compared to the same period last year, with significant hikes in mineral ...

The number of job vacancies surged by 3,100 positions, marking a substantial 33.8 per cent increase during the third quarter of 2023, reaching a total of 12,274, compared to the same quarter in the ...

The Cyprus Association of Travel Agents (ACTA) this week announced its new administrative council for the term 2023-2026, appointing Harris Papacharalambous as the new president. In a statement released following ...

There was a notable upswing in government employment in November 2023, reaching a total of 54,404 individuals, marking an increase of 867 individuals, reflecting a rise of 1.6 per cent compared to the same ...

Cyprus witnessed a substantial increase in imports in the period from January to October 2023, rising by €1.23 billion when compared to the same period in 2022, according to a report released this ...

The Central Bank of Cyprus (CBC) on Monday released a report revealing that a total of 33 bounced cheques, valued at €60,851, were issued in November 2023. This has led to the registration ...

Cyprus witnessed a remarkable 58.5 per cent surge in total registrations of motor vehicles in November 2023, compared to the same month of the previous year, while also marking an annual increase ...

The unemployment rate in Cyprus plunged to its lowest level in 53 quarters, settling at 5.8 per cent of the labour force in the third quarter of 2023, marking a significant decline, according ...

The Cyprus Shipping Chamber this week expressed deep concern over recent assaults by paramilitary forces in Yemen on commercial vessels passing through the Red Sea and the Gulf of Aden. ...

Cyprus experienced a significant deceleration in inflation in November 2023, dropping to 1.7 per cent compared to the previous November, marking the lowest rate in the past three months. This decrease was ...