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01-08-2024 13:15
Turnover Index of Retail Trade Except of Motor Vehicles: June 2024
Annual Change +5,5% in Value and +3,2% in VolumeThe Turnover Value Index of Retail Trade for June 2024 increased by 5,5% compared to the corresponding month of the previous year (Table 1). For the same month, the Turnover Volume Index of Retail Trade increased by 3,2% compared to the corresponding month of the previous year (Table 2).For the period January-June 2024, the Value Index is estimated to have recorded an increase of 5,3% and the Volume Index an increase of 4,0% compared to the sa...
01-08-2024 13:13
Consumer Price Index (CPI): July 2024
Inflation 2,1% In July 2024, the Consumer Price Index increased by 0,01 units and reached 117,73 units compared to 117,72 units in June 2024. In July 2024, the inflation increased by 2,1%. (Table 1)For the period January-July 2024, the CPI increased by 2,1% compared to the corresponding period of the previous year. (Table 1) As regards the economic origin, the largest positive changes when compared to the index of July 2023 were recorded in Agricultural goods(6,7%) and Petroleum products...
31-07-2024 13:36
Index of Industrial Output Prices: June 2024
Annual Change -2,4%The Index of Industrial Output Prices for June 2024 reached 122,4 units (base 2021=100), recording a decrease of 0,1% compared to May 2024. Compared to the corresponding month of the previous year, the index recorded a decrease of 2,4%. For the period January-June 2024, the index showed a decrease of 3,1% compared to the corresponding period of 2023. In June 2024 compared to May 2024, the index remained stable in the sector of electricity supply, while it showed an incr...
31-07-2024 13:34
Fiscal Accounts of General Government: Jan-June 2024
Surplus €424,5 mn The preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT), indicate a surplus of €424,5 mn (1,3% of GDP) for the period of January-June 2024, as compared to a surplus of €62,0 mn (0,2% of GDP) that was recorded during the period of January-June 2023. Revenue During the period of January-June 2024, total revenue increased by €800,1 mn (+14,5%) and amounted to €6.313,2 mn, compared to €5.513,1 mn in the correspondi...
30-07-2024 17:00
Press remarks by the Minister of Foreign Affairs of the Republic of Cyprus, Dr Constantinos Kombos, following his meeting with the Minister of Foreign Affairs of the Republic of Serbia, Mr Marko Đurić
I am delighted to welcome you, and your delegation, to Cyprus. This is our first official meeting, but we already had a number of informal contacts since you assumed office. Today is an opportunity for us to reaffirm the continuity of the excellent relations and to declare, once again, the political will to enhance them. On this basis, and within this context, I will make four points: Firstly, during the first part of our consultations, the robust nature of the historic bilateral relation...
30-07-2024 13:09
Industrial Production Index for May 2024
Annual Change +2,7%In May 2024, the Industrial Production Index reached 113,1 units (base 2021=100), recording an increase of 2,7% compared to May 2023. For the period January-May 2024, the index recorded an increase of 5,3% compared to the corresponding period of the previous year. The manufacturing sector registered an increase of 2,4% compared to May 2023. An increase was also observed in the sectors of water supply and materials recovery (+12,6%) and electricity supply (+2,8%). A negat...
30-07-2024 13:08
General Assembly of the European Mediterranean Regulators Group for Electronic Communications (EMERG) and Workshop on Strengthening Broadband Infrastructure and Services
TheEuropean Mediterranean Regulators Group for Electronic Communications (EMERG) held its general assembly on July 24th in Nicosia, under the Chairmanship of Mr. Petros Galides, Deputy Commissioner of Communications.During the general assembly a review of EMERG's activities for 2024 took place and actions and measures on various issues concerning the members were discussed. The Annual Report for 2023 and the Work Programme for 2024 were approved, along with the Action Document on EMERG's Int...
30-07-2024 12:51
Revenue from Tourism: May 2024
Revenue from Tourism -0,2%Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism reached €310,5 mn in May 2024, recording a minor decrease of 0,2% as compared to the corresponding month of the previous year (€311,0 mn).For the period of January – May 2024, revenue from tourism is estimated at €751,2 mn compared to €728,6 mn in the corresponding period of 2023, recording an increase of 3,1%. Expenditure AnalysisThe average expenditure p...
30-07-2024 09:41
Announcement by the Ministry of Foreign Affairs of the Republic of Cyprus on the Travel Advisories for the Lebanese Republic, the State of Israel and Palestine (West Bank and Gaza)
In light of developments in the region, the Ministry of Foreign Affairs of the Republic of Cyprus reminds Cypriot citizens that the following travel advisories remain in effect:• Lebanon of 29 October 2023: Avoid all travel.• The State of Israel and Palestine (West Bank and Gaza) of 8 October 2023Avoid:(a) all non-essential travel to Israel;(b) all travel to Gaza and all non-essential travel to the Nablus and Jenin areas of the West Bank, including East Jerusalem. (MP/MS/AS)
29-07-2024 17:29
Press remarks by the Minister of Foreign Affairs, Dr Constantinos Kombos, following his meeting with the Minister of Foreign Affairs of the Republic of Armenia, Mr Ararat Mirzoyan
Your Excellency, my dear friend Ararat,It is with great pleasure that I welcome you, and your delegation, to Cyprus.Historical, cultural ties, common experiences and a shared set of values, set the framework for our discussions.We, once again, reaffirmed the strong bilateral relations between our countries and our people. Relations that have been nurtured and tested under very difficult conditions, which are unfortunately continuing.Today, we had a very productive discussion on a number o...
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