Cyprus by the Numbers

The Central Bank of Cyprus (CBC) on Friday slightly revised its forecast for the country’s economic growth in 2024, estimating it to be at a rate of 2.8 per cent. This ...

The Central Bank of Cyprus (CBC) on Thursday reported that a total of 16 bounced cheques, worth €19,388 overall, were issued in February. This resulted in 9 individuals (7 legal entities and 2 natural persons) ...

Cyprus’ Construction Materials Index experienced a decrease of 2.23 per cent during the first two months of 2024, when compared to the same bimonthly period from the previous year, reflecting a moderation ...

Cyprus has seen a 5.4 per cent increase in hourly labour costs, referred to as the total cost, during the fourth quarter of 2023, compared to the corresponding period in 2022, according to ...

The Producer Price Index for Industry in Cyprus recorded a decrease of 2.9 per cent in January 2024, mainly due to a decrease in the electricity supply sector. According to a report ...

The Council of Ministers has greenlit a forward-thinking budget aimed at facilitating the installation of electric car chargers in businesses. “This initiative is strategically designed to address the burgeoning demand ...

Employment in the broader public sector witnessed a notable annual increase in Q4 of 2023, rising by 2,765 people, or 3.8 per cent, compared to the corresponding quarter of 2022. According to Cystat, the ...

Cyprus saw a significant reduction in its trade deficit, which stood at €566.5 million in January 2024, according to the Cyprus Statistics Service Cystat. This was a marked decline compared to €1.419.9m ...

The fourth quarter of 2023 witnessed a notable surge in Cyprus’ overall employment, recording a 1.1 per cent increase compared to the same period in 2022. According to data released this week by ...

The Cyprus general government recorded a surplus of €455.9 million in January 2024, equivalent to 1.4 per cent of the GDP, according to the preliminary fiscal results released on Friday by the Statistical ...

The unemployment rate in Cyprus fell to 5.9 per cent of the labour force during the fourth quarter of 2023, marking a significant decrease from 6.9 per cent in the same period of 2022, ...

The price of fresh vegetables saw a substantial increase of 26.5 per cent in February, when compared to the previous month, according to a report by the Cyprus Consumer Association released ...

Cyprus saw a modest inflation increase of 1.8 per cent in February 2024, a development primarily driven by the services sector, according to a report released on Thursday by the Cyprus Statistical ...

Cyprus’ Industrial Business Cycle Index for the month of December 2023 reached 180.1 units, with 2015 being the base year, marking a 0.3 per cent increase compared to December 2022. According to a report released ...

Cyprus saw a decrease of 13.8 per cent in the number of registered unemployed individuals in February 2024, compared to the corresponding month of 2023, according to a report released by the Cyprus ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

Cyprus saw a substantial 47 per cent increase in the issuance of new loans during the first month of the year, according to a report released this week by the Central ...

The Central Bank of Cyprus (CBC) on Monday released a report revealing a decline in deposit interest rates in January 2024, alongside a mixed picture in interest rates for key loan ...

Cyprus’ Business Cycle Index recorded an increase in accommodation and food services during the fourth quarter of 2023, along with a decline in professional activities, according to a report released this ...

The Central Bank of Cyprus (CBC) announced this week that it expects a 2.2 per cent increase in the country’s Gross Domestic Product (GDP) for the year 2023, following a substantial 5.1 ...

Cyprus’ general government recorded a surplus of €876.3 million during the entirety of 2023, according to the preliminary financial results released on Thursday by the Cyprus Statistical Service (Cystat). In terms of ...

The Treasury on Wednesday announced that the rate of implementation of the development costs of the state budget in January 2024 stands at 1 per cent, equivalent to €17.86 million, remaining consistent with ...

Industrial production in Cyprus witnessed an increase of 2.4 per cent in 2023 compared to the previous year, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Cyprus’ ...

Both total loans and deposits in Cyprus witnessed a net decrease in January 2024, according to a report released on Tuesday by the Central Bank of Cyprus (CBC). According to the ...