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04-09-2024 14:49

Turnover Value Index of Transport and Storage: 2nd quarter 2024

Annual Change +1,8% The Turnover Value Index of Transport and Storage during the second quarter of 2024 reached 139,4 units (base year 2021=100), recording an increase of 1,8% compared to the corresponding quarter of the previous year. By economic activity, increases relative to the second quarter of the previous year were observed in land transport (6,7%), in water transport (6,4%), in postal and courier activities (3,7%), in air transport (2,2%) and in warehousing and support activities f...

04-09-2024 14:34

Turnover Value Index of Services: 2nd Quarter 2024

The Turnover Value Index during the second quarter of 2024 recorded increases in the sectors of administrative and support service activities (11,3%), real estate activities (10,5%), accommodation and food service activities (6,3%) and information and communication activities (2,5%), whereas a decrease was recorded in the sector of professional, scientific and technical activities (-1,9%) compared to the corresponding quarter of 2023. During the period January-June 2024, increases relative t...

04-09-2024 14:28

Registered Unemployed: August 2024

The unemployed persons, registered at the District Labour Offices on the last day of August 2024, reached 12.079 persons. Based on the seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for August 2024 reached 11.197 persons remaining at the same level in comparison to the previous month (Table 1).In comparison with August 2023, a decrease of 1.177 persons or 8,9% was recorded, attributed mainly to the sectors of financial and insurance activiti...

03-09-2024 16:15

Statements by the Minister of Transport, Communications and Works and the Deputy Minister of Shipping during the official visit of the Minister of Transport and Logistics Services of Saudi Arabia to Cyprus

The Minister of Transport and Logistic Services of the Kingdom of Saudi Arabia, H.E. Saleh Al-Jasser, paid an official visit to Cyprus on Monday, 2 September 2024.During his visit, the Minister met with the Minister of Transport, Communications and Works of the Republic of Cyprus, Mr Alexis Vafeades, with the participation of delegations from the two Ministries, at the Ministry of Transport, Communications and Works of the Republic of Cyprus in Lefkosia.Subsequently, the two Ministers visit...

03-09-2024 14:09

Imports, sales and stocks of petroleum products: July 2024

Annual Change in Sales +4,6 % In July 2024, the total sales of petroleum products amounted to 134.484 tonnes, recording a rise of 4,6% compared to July 2023. An increase was observed in the provisions of marine gasoil (11,9%) and aviation kerosene (0,6%), as well as in the sales of heavy fuel oil (14,5%), liquefied petroleum gas (10,7%), heating gasoil (8,7%), road diesel (7,9%) and motor gasoline (7,4%). On the contrary, a decrease was recorded in the sales of kerosene (-25,8%) and light fu...

03-09-2024 13:39

Statement by the Minister of Agriculture, Rural Development and the Environment at the joint press conference

Ladies and gentlemen,The MED9 Ministerial Meeting of the nine Mediterranean member states of the European Union (EU) has concluded.I would like to thank my fellow Ministers for accepting the invitation to be here today to discuss the serious issue of water scarcity within a productive framework and in a constructive spirit of mutual understanding, with the shared aim of ensuring sustainable water management in the Mediterranean region.I will now read the joint statement that we have all ag...

03-09-2024 12:46

Joint Declaration of the Ministers of Agriculture of the MED9

Threat of Drought to the Primary Sector in Mediterranean Member States We, the Ministers of Agriculture of Cyprus, France, Greece, Italy, Malta, Portugal, Slovenia, and Spain and representatives from Croatia, convened in Cyprus on the 3rd of September 2024, representing the countries of the MED9 initiative, reaffirm our commitment to addressing key challenges in the Mediterranean region related to the pressing issue of water scarcity; Acknowledging the significance of the Strategic Agenda a...

03-09-2024 12:09

Excavations at Chlorakas-Palloures, 2024

The Department of Antiquities, Deputy Ministry of Culture, announces the completion of the 2024 excavations at the Chalcolithic settlement of Chlorakas-Palloures, which was carried out under the direction of Dr Bleda Düring, Professor at Leiden University.The Palloures Project, during the 2024 season, has focussed on the excavation of a number of “burned round houses” dating to the Chalcolithic period between 3500-2500 BC. The “burned houses” are buildings with substantial ash deposits, incl...

03-09-2024 10:19

Opening Remarks by the Minister of Agriculture, Rural Development and the Environment, Dr Maria Panayiotou, at the commencement of the MED9 session

The Mediterranean region, recognised for its unique climate and rich biodiversity, faces significant challenges due to climate change. The network of Mediterranean experts on climate and environmental change and the Joint Research Centre of the European Commission reported that recent accelerated climate change has intensified existing environmental problems in the Mediterranean Basin, mainly caused by a combination of changes in land use, increasing pollution and declining biodiversity.Clim...

02-09-2024 16:08

Quarterly National Accounts: 2nd quarter 2024

Growth Rate 3,6% The GDP growth rate in real terms during the second quarter of 2024 is positive and it is estimated at 3,6% over the corresponding quarter of 2023. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3,7%. Regarding the production approach for the estimation of GDP, the positive growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Construction", "Information and Communication", "Wholesale and Retail Trade,...

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