It took 12 months for some de-escalation of food inflation to begin, which continues at a slow and distressing pace…
Sluggish UK economy gathers a bit of pace at the end of 2023
Britain’s economy ended 2023 on a stronger footing than previously thought, according to a survey of businesses, amid other signs…
Workers to benefit from 2.44% CoLA hike
From the start of the new year, thousands of public and private sector employees in Cyprus will see a 2.44%…
Extension for hotel licensing due to renovations
Hoteliers will have an additional two years at their disposal to legalize structural changes and additions resulting from urban development…
Consumer Reports finds ‘widespread’ presence of plastics in food
Consumer Reports has found that plastics retain a “widespread” presence in food despite the health risks, and called on regulators…
Inflation down to 1.6% in December
Additional slowdown is noted in inflation, according to data from the Statistical Service published today. The Consumer Price Index declined…
Number of registered unemployed decreases
Based on the data maintained in the District Employment Offices, the number of registered unemployed individuals at the end of…
Cyprus vulnerable to Houthi attacks impact on trade
A senior official from the Cyprus Shipping Chamber (CSC) has raised concerns about ongoing attacks by the Houthis in the…
Cyprus airports record all-time high passenger traffic in 2023
Passenger traffic at Cyprus airports in 2023 exceeded 11.6 million, with an average of 32,000 passengers per day. Traffic in…
Nicosia ranks eighth in residential electricity costs among European capitals
In a recent report by the European organization VaasaETT (HEPI), which publishes monthly rankings of electricity and natural gas prices…