Cyprus Business Now
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...
inflation
UK govt to ask supermarkets to cap prices of basic food items – Telegraph
The British government is looking at plans to have retailers cap the prices of basic food items such as bread and milk, the Telegraph reported,...
Cyprus sees slower inflation growth in April
The Cyprus Statistical Service (Cystat) on Wednesday reported a notable deceleration in harmonised inflation for the month of April. According to the report, the Harmonised...
Our View: Shopping basket app could help consumers
Two government measures for helping people cope with inflation are in the pipeline – reduction of VAT on basic consumer goods and the creation of...
How have skyrocketing interest rates affected banks?
By Andreas Charalambous and Omiros Pissarides The prolonged period of rising inflation over the past year and a half has pushed major Central Banks to...
Bad loans in Cyprus will not increase, finance minister assures
There are no concerns over an increase in bad loans for Cyprus’ banks, Finance Minister Makis Keravnos said on Thursday after a meeting with the...
Argentina hikes interest rate 300 basis points after inflation breaks 100% barrier
Argentina’s central bank board said it agreed to hike the country’s benchmark interest rate by 300 basis points to 78% on Thursday after annual inflation...
Inflation scare over? The case for and against sticky inflation
Two years after inflation began its rapid ascent, investors, economists and policymakers remain divided on the path ahead. Yes, headline inflation across major developed economies...
The EU response to the United States Inflation Reduction Act
By Maria Demertzis Very little comes out of US policy these days that does not aim to either decouple from China or somehow reduce China’s...
Inflation falls for third consecutive month
Cyprus’ annual rate of inflation reached 7.1 per cent in January 2023, continuing its downward trend for the third consecutive month. According to a report...
