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October 31, 2024

Banks See Further Economic Progress Driven by Lower Interest Rates.

Nicosia:The Association of the Cyprus Banks (ACB) said on Thursday that it sees further progress in the economy, driven by the reduction of interest rates in the context of the easing of monetary policy by the European Central Bank (ECB), the ACB’s President Aristides Vourakis said, noting that ECB rate

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Industrial Output Prices Decline by an Annual 1% in September.

Nicosia: Industrial output prices recorded a new drop in September with the Index dropping by an annual 1% in September, the Cyprus Statistical Service (CyStat) said on Thursday. The Index of Industrial Output Prices for September 2024 reached 123.4 units (base 2021=100), recording a decrease of 0.4% compared to August

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