According to CYSTAT data released on Thursday, the consumer price index stood at 2.87% in November. In September and October, inflation was shot to 2.93% and 3.07% respectively. The sectors of...
Inflation in October 2005 remained within the Maastricht criteria. According to Eurostat data released on Wednesday, the annual variation of the harmonized consumer price index for Cyprus in...
16/11/2005
The consecutive increases in the price of fuel pushed the harmonized consumer price index up to a record high, last seen in April. According to CYSTAT data released on Thursday, the housing, water...
10/11/2005
The decision of the Council of Ministers to approve the proposal for the Cyprus entry in the EMU on January 1, 2008 has made the economic progress in 2006 a significant factor for the island’s course...
04/11/2005
Inflation climbed to 3.07% in October 2005, reversing early optimism that June, July and August sparked, when inflation stood at 1.7% - 2.11%. The inflationary pressures affected negatively...
03/11/2005
According to CYSTAT data released on Tuesday, the harmonized inflation in September 2005 reached 2.1% against an increase of 1.5% in August. In September 2004, inflation stood at 1.8%. This...
11/10/2005
Few days before the submission of the Budget 2006 to Parliament, a Finance Ministry memo outlines the impacts of the energy crisis on the island, differentiating the macroeconomic forecasts for both...
23/09/2005
Despite the raising concerns that the increase in the price of fuel would exercise inflationary pressures on economy, inflation in August remained low. According to CYSTAT data released on...
01/09/2005
According to CYSTAT data released on Wednesday, the price in fuel products recorded a sharp increase of 13.9% in the first half of 2005 compared to the corresponding period of 2004, while insurances...
07/07/2005
The revaluation of the Cyprus pound - last seen in December 2002 - has not only been reversed after the unexpected interest rate cut on June 9 but has been even strengthened, reaching almost the 2.25...
22/06/2005