#inflation

Donald Trump was not on the ballot in Tuesday’s US congressional midterm elections. But he urged his supporters to vote as though he were. And they did. Nearly two ...

Cyprus’ national inflation rate stood at 4.4 per cent in October, according to figures published by the Cyprus Statistical Service (Cystat) on Thursday, while Eurostat’s separate harmonised measure placed the ...

Cyprus’ annual inflation rate is estimated to have risen to 5.4 per cent in October, placing it among the European Union’s higher-inflation countries, as price pressures across the euro area ...

Finance Minister rejects ‘inflationary VAT’ claims amid rising revenues Finance Minister Makis Keravnos on Wednesday said that the government would seek to extend reduced excise duty rates on motor fuels ...

Middle East conflict threatens Cyprus growth outlook, economics research centre warns Cyprus’ economy is expected to grow by 3.2 per cent in 2026, up from a previous forecast of 2.7 per cent, as ...

The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a ...

The Cyprus Fiscal Council on Friday called for a shift away from broad tax cuts as a response to inflation, arguing in a presentation covering developments through August 2026 that support ...

Cyprus’ annual inflation rate remained at 5.2 per cent in September, according to a flash estimate by Eurostat, leaving the country among the member states with the highest inflation rates as ...

High prices, understandably, have been the main public issue in the last eight months. People are not happy when their standard of living is steadily falling because their disposable income ...

Cyprus’ annual inflation rate accelerated to 5.2 per cent in August 2026, up sharply from 4.4 per cent in July, according to a flash estimate released by Eurostat on Tuesday. The estimate, measured ...

President Nikos Christodoulides was perfectly entitled to boast about the economy’s performance at his meeting with the executive committee of the Employers and Industrialists Federation (OEV). The forecast growth ...

The finance ministry has not said very much about the rising inflation rate for July that was announced by Cystat on Wednesday. The finance ministry tends to issue announcements only ...

Cyprus has a higher inflation rate than the euro area average. According to the latest figures, released by Eurostat, the inflation rate in Cyprus in June hit 4 per cent, up ...

The government insisted Thursday that its “effective” economic policy is translating into tangible benefits for the average person. “From the outset, the government has followed a responsible and effective economic ...

The inflation rate for a designated basket of basic consumer goods fell to 1.6 per cent in March, continuing the declining trend registered since December, according to government data released on ...

The top issue for most Cypriots, according to a new poll, is inflation, which concerns almost two thirds of the population. The local Cypronetwork ‘barometer’ found that after inflation, 45 per ...

Twenty-seven unions are holding a demonstration outside the Turkish Cypriot ‘finance ministry’ in northern Nicosia on Monday as they continue their protests against inflation. The protest against the high cost ...

Opposition parties accused the government of incompetence on Friday following the reversal of a measure aimed at tackling the high cost of living. Both left-wing Akel and right-wing Disy accused ...

Fears were mounting on Friday that the cost of essential goods, which started rising even before the termination of VAT relief measures, will be catapulted even higher in the event ...

The Cyprus economy recorded a rate of growth of 3.7 per cent in the second quarter of this year in comparison to the corresponding period of 2023, according to Eurostat. It was ...

According to the findings of the latest Eurobarometer 63 per cent of Cypriot respondents said that their standard of living had fallen in the last five years (EU average was 45 per ...

The price of a loaf of bread in the north has been put back up to its historical high of 15TL (€0.44), the north’s Bakers’ association chairman Omer Cirali said ...

EU Finance Ministers, including Cypriot minister Makis Keravnos, have said that gradual recovery is expected in 2024, but have warned that this will be in an environment of heightened uncertainty and ...

The price of fresh fish and vegetables went down by 17 and 13 per cent in October, while the price of toilet paper had a 17 per cent price spike compared to September. ...