Inflation in Cyprus rises to 8.8 per cent in April
In April 2022, inflation was 8.8 per cent in Cyprus, with the Consumer Price Index increasing by 2.58 units to 110.36 units, compared to 107.78...
inflation
Turkey’s inflation surges to 20-year high of 70 per cent in April
Turkey’s annual inflation jumped to 69.97 per cent in April, above forecast and at a two-decade high, according to data on Thursday, fuelled by the...
Petrides: The next few years will be difficult
Finance Minister Constantinos Petrides on Monday pledged support for vulnerable groups in the face of growing inflation and rising costs. He conceded that the next...
How economic policy got us stuck in a rut
Inflation’s surge following excessive stimulus and an energy crisis makes the way ahead hazardous By Andrew Shouler Stagflation is upon us, inflation leading towards economic...
Inflation may start falling by middle of 2023 says economist
Adolfo Laurenti, Principal European Economist for multinational financial services firm Visa, earlier this week participated in an event co-hosted by the Cyprus Economic Society, as...
Inflation has affected consumer behaviour
By Yiannis Seitanides Cypriot consumers have reacted, as one would expect, to the increased inflationary pressures of recent months by reducing the volume of their...
The risk of elevated inflation is resurfacing
By Andreas Charalambous and Omiros Pissarides In recent decades, inflation in developed economies has been contained at historically low levels. With the onset of the...
Turks “bewildered” as rents outpace rampant inflation
Undeterred by industry figures showing rents in Istanbul have doubled inside a year, yoga instructor Ceren Tabak was fully prepared to spend most of her...
Petrides: The next generation will have to pay for our mistakes
Finance Minister Constantinos Petrides has pledged to hold fast amid mounting calls for an increase in government handouts, warning that otherwise the public debt may...
Our View: Refreshing to see minister telling it as it is this week
Some weeks back, when the effects of inflation were starting to be felt and the government, parroting the EU line, was still insisting it was...
