Daily Archives: January 7, 2020

FSF-MED welcomes reduction in plane crash fatalities in 2019, noting risks in Nicosia FIR due to Turkey’s illegalities

The number of fatalities from commercial plane crashes dropped significantly in 2019, despite the increase in the number of flights that exceeded 40 million, carrying 4.2 billion passengers, according to data released by the International Civil Aviatio...

Mixed trends in deposit and loan interest rates in November 2019

Rates on deposits and loans followed mixed trends in November last year in the Cypriot banking system, data released by the Cyprus Central Bank, on Tuesday, show.According to the official data, the interest rate on deposits from households with an

Construction output prices up in Q3 2019

Construction output prices were up in the third quarter of 2019 both on a quarterly and annual basis, data released by the Cyprus Statistical Service, on Tuesday, show.In particular, the output prices index in construction for the third quarter of

Registered unemployed down in December 2019

Registered unemployed recorded a drop in December on a monthly and annual basis, data released by the Cyprus Statistical Service, on Tuesday, show.In particular, unemployed people registered at the District Labour Offices on the last day of December 20...

Economic climate declines due to weaker expectations in services and industry

The economic sentiment in Cyprus declined in December due to weaker business confidence in services and industry.The Economic Sentiment Indicator compiled by the University of Cyprus' Economics Research Centre (ERC) dropped by 1.8 points to 109.2 point...

Euro area annual inflation is expected to be 1.3% in December 2019, 0.7% in Cyprus

Euro area annual inflation is expected to be 1.3% in December 2019, up from 1.0% in November according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation,