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05-12-2024 20:29

Industrial Turnover Index: September 2024

Annual Change +1,3% In September 2024, the Industrial Turnover Index reached 143,5 units (base 2021=100), recording an increase of 1,3% compared to September 2023. For the period January – September 2024, the index recorded an increase of 2,2% compared to the corresponding period of the previous year.In manufacturing, the Industrial Turnover Index for September 2024 reached 131,2 units, recording an increase of 5,1% compared to September 2023. An increase was also recorded in the sector o...

05-12-2024 20:24

The Ambassador of the Republic of Cyprus to the Republic of Paraguay presents his credentials

The Ambassador of the Republic of Cyprus to the Republic of Paraguay, with residence in Buenos Aires, Mr Stelios Georgiades, presented his credentials to President Santiago Peña Palacios, in an official ceremony held on 26 November 2024 at Palacio de Gobierno in Asunción, in the presence of the Vice Minister of Foreign Affairs, Ambassador Víctor Alfredo Verdún Bitar.Ambassador Georgiades conveyed the warm greetings of the President of the Republic of Cyprus, Mr Nikos Christodoulides, and exp...

05-12-2024 20:16

The High Commissioner of the Republic of Cyprus to the Republic of Rwanda presents his credentials

The new High Commissioner of the Republic of Cyprus to the Republic of Rwanda, with residence in Nairobi, Mr Savvas Vladimirou, presented his credentials to President Paul Kagame on 27 November 2024.In a meeting that followed with President Kagame, High Commissioner Vladimirou conveyed the warm greetings of the President of the Republic of Cyprus, Mr Nikos Christodoulides, and expressed the commitment to further deepen bilateral relations with the Republic of Rwanda.Reciprocating the greeti...

05-12-2024 18:10

Written statement by the Government Spokesman, Mr Konstantinos Letymbiotis, on the telephone conversation between the President of the Republic of Cyprus and President–elect of the United States of America, Mr Donald Trump

The President of the Republic of Cyprus, Mr Nikos Christodoulides, had a telephone conversation today with the President-elect of the United States of America (USA), Mr Donald Trump.During their conversation, President Christodoulides congratulated Mr Trump on his election to the US Presidency and underlined his intention to closely cooperate to further strengthen the ties between the two countries.Special reference was also made to the broad cooperation between the Republic of Cyprus and t...

05-12-2024 15:29

Consumer Price Index (CPI): November 2024

Inflation 1,5% The Consumer Price Index (CPI) in November 2024 decreased by 0,43 points, reaching 118,21 units compared to 118,64 units in October 2024. Inflation in November 2024 increased at a rate of 1,5% (Table 1). For the period January-November 2024, the Consumer Price Index (CPI) recorded an increase of 1,7% compared to the corresponding period of the previous year (Table 1). The largest change in economic categories compared to November 2023 and the previous month was recorded in...

05-12-2024 12:44

Speech by the Minister of Agriculture, Rural Development and the Environment of the Republic of Cyprus, Dr Maria Panagiotou, at the Nicosia Risk Forum 2024 with the subject “Safety, Security and Climate Crisis Challenges”

“Forest fire management in Cyprus with an emphasis on prevention”It is an honour to address you today at the Nicosia Risk Forum 2024, a pivotal event that has firmly established itself as an inspiration of collaboration for disaster risk reduction and resilience building. I would like to begin by expressing my gratitude to the organisers for the invitation, particularly CERIDES of the European University Cyprus, and congratulate them for the initiative to organise this important event today,...

05-12-2024 12:28

Address by the President of the Republic of Cyprus, Mr Nikos Christodoulides, at Nicosia Risk Forum 2024

Strengthening the disaster resilience of the Mediterranean regionI am exceptionally pleased to be part for yet another year of the Nicosia Risk Forum; this time in my capacity as President, but our collaboration goes back in time.First and foremost, I wish to congratulate the Forum for its commendable work over the years. Dear George, your work has rendered the Forum into a hub of regional dialogue, and promotion of peace and collaboration in the Mediterranean, by bringing together national...

04-12-2024 17:51

Opening Speech by the President of the Republic of Cyprus, Mr Nikos Christodoulides, at the EY Cyprus Attractiveness Forum 2024

It is with great pleasure that I address the EY Attractiveness Forum 2024. Events like this, along with the EY Attractiveness Reports, serve as vital tools for governments and businesses alike. They provide deep insights into foreign direct investment trends and investor sentiment, helping us understand the evolving global landscape. By identifying key drivers of economic competitiveness and highlighting emerging opportunities, these initiatives empower us to formulate policies that attract i...

04-12-2024 15:58

Turnover Value Index of Transport and Storage: 3rd Quarter 2024

Annual Change +2,0% The Turnover Value Index of Transport and Storage during the third quarter of 2024 reached 145,1 units (base year 2021=100), recording an increase of 2,0% compared to the corresponding quarter of the previous year. By economic activity, increases relative to the third quarter of the previous year were observed in water transport (10,7%), in land transport (7,1%), in postal and courier activities (4,1%) and in warehousing and support activities for transportation (1,3%), ...

04-12-2024 15:40

Turnover Value Index of Services: 3rd Quarter 2024

The Turnover Value Index during the third quarter of 2024 recorded increases in the sectors of real estate activities (11,5%), information and communication activities (8,0%), accommodation and food service activities (6,4%), administrative and support service activities (5,7%) and professional, scientific and technical activities (4,6%) compared to the corresponding quarter of 2023.During the period January-September 2024, increases relative to the corresponding period of 2023 were observed...

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