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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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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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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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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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Weather Remains Fine in Cyprus Sea Area Amid High Pressure

NICOSIA: The Cyprus Department of Meteorology has issued a forecast indicating that high pressure is prevailing over the sea area of Cyprus, ensuring mainly fine weather conditions. The forecast, which covers the period from noon on January 2, 2025, to noon on January 3, 2025, suggests favorable conditions for maritime

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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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