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Cyprus Inflation Rises to 1.8% in 2024, Food and Agriculture Lead Increases

NICOSIA: Inflation in Cyprus reached 1.8% in 2024, according to data released by the Statistical Service on Thursday, with notable rises in food and agricultural goods contributing to the increase. The Consumer Price Index (CPI) for December showed a slight month-on-month rise, indicating continuing inflationary pressures. According to Cyprus News

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Retail Trade Experiences Significant Growth in November 2024

NICOSIA: Retail trade in November 2024 saw notable growth, with a 7.2% increase in value and a 6.3% rise in volume compared to the same month in the previous year. This information was released by the Statistical Service, reflecting positive trends in various retail sectors. According to Cyprus News Agency,

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Retail Trade Sees Significant Growth in November 2024

NICOSIA: Retail trade in November 2024 experienced notable growth, with a 7.2% increase in value and a 6.3% rise in volume compared to the same month last year. These figures were released by the Statistical Service, highlighting a robust performance in various retail sectors. According to Cyprus News Agency, cultural

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Top Spanish Officials to Visit Cyprus for Diplomatic Engagements

Nicosia: President of the Congress of Deputies of Spain, Francina Armengol Socias, and Vice President of the Senate, Javier Ignacio Maroto Aranzabal, are scheduled to embark on an official visit to Cyprus from January 12 to 15. The visit aims to strengthen diplomatic ties and engage in discussions with Cypriot

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Electra Gas Field Developments Show Promise, Expert Suggests Patience

NICOSIA: The recently announced estimates for natural gas reserves at the “Electra” field in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ) are significant, according to energy expert Dr. Charles Ellinas. Speaking to CNA on Thursday, Dr. Ellinas advised patience, as he believes that Exxon Mobil, which holds exploration rights

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