Cyprus by the Numbers

Cyprus’ annual inflation rate in May decreased to 3.01 per cent, continuing its downward trend for the seventh consecutive month, mainly driven by a deceleration in the prices of petroleum products. ...

Cyprus’ Gross Domestic Product (GDP) for the first quarter of the year amounted to €6.2 billion, marking a 3.4 per cent increase on an annual basis when measured in volume and adjusted ...

CFA Society Cyprus and Central Bank Governor Constantinos Herodotou placed the issue of financial literacy at the centre of their discussion during a meeting held on Wednesday. According to a ...

The Central Bank of Cyprus (CBC) on Tuesday reported that total deposits in April 2023 recorded a net decrease of €173.3 million, compared to a net increase of €59.8 million in March 2023. The ...

Here are the top business stories in Cyprus from the week starting May 22: Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...

The study will take into consideration the salaries of 40,000 employees in Cyprus The Cyprus Statistical Service (Cystat) this week announced that it has commenced its research on earnings for the ...

The Cyprus Composite Leading Economic Index (CCLEI) maintained a positive growth rate in April 2023, bolstering economic forecasts, according to a report released on Wednesday by the Centre of Economic Research ...

Below are the top business stories from Cyprus for the week starting May 15: Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...

Construction Price Index The Construction Price Index in Cyprus experienced a deceleration for the third consecutive quarter in April, indicating a slight alleviation of inflationary pressures within the sector. The ...

The Ministry of Finance this week stated that while the Cypriot economy is facing a period of increased uncertainty, its growth rate remains relatively high compared to other EU countries, ...

The Cypriot economy maintained its strong momentum in the first quarter of 2023, with the GDP showing a growth rate of 3.4 per cent on an annual basis. However, there are signs ...

There was a 12.7 per cent decrease in the issuance of new building permits in Cyprus during the first two months of 2023, according to data released by the Cyprus Statistical Service (...

Below are the top business stories from Cyprus from the week starting May 8: The Deputy Minister of Shipping, Marina Hadjimanoli, emphasised the importance of competitiveness, resilience, and anticipation of new ...

The first quarter of 2023 brought with it a sharp increase in Cyprus’ trade deficit, with imports rising significantly compared to the same period in 2022, according to a report released this ...

The Cyprus Statistical Service (Cystat) this week reported a significant increase in the weight of products transported by road within Cyprus, as well as to and from Cyprus, in 2022. The ...

The number of bad checks registered in Cyprus in April 2023 rose to 35, according to an announcement released on Monday by the Central Bank of Cyprus (CBC). The CBC’s data ...

Here are the top business stories in Cyprus from the week starting May 1: Credit rating agency DBRS Morningstar has acknowledged that the Cyprus government announced that it aims to achieve ...

The number of registered unemployed in Cyprus decreased in April 2023, compared to the same month last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...

The Cypriot government posted a surplus of €324.1 million for the first quarter of 2023, according to the preliminary fiscal results released this week by the Cyprus Statistical Service (Cystat). This figure ...

The performance of the Cypriot economy remains strong, despite a weakening of growth momentum in the last quarter of 2022, according to a report released this week by the Economics Research ...

Household assets in financial instruments amounted to €59.7 billion at the end of December 2022, according to an announcement by the Central Bank of Cyprus (CBC) released on Tuesday. According to the ...

The total sales of petroleum products in Cyprus decreased by 6.7 per cent in March 2023, compared to the same month in 2022, while showing an increase of 3.7 per cent compared to February 2023, ...

Cyprus’ trade deficit for 2022 amounted to €7.1 billion, according to a report released this week by the Cyprus Statistical Service (Cystat). The report revealed that the main trading partner for Cyprus ...

Harmonised inflation in Cyprus rose by 6.1 per cent in March 2023 compared to the same period last year, according to a report released this week by the Cyprus Statistical Service (Cystat). ...