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01-06-2022 12:50
Turnover Index of Retail Trade Except of Motor Vehicles: April 2022
The Turnover Value Index of Retail Trade for April 2022 increased by 8,4% compared to the corresponding month of the previous year (Table 1). For the same month, the Turnover Volume Index of Retail Trade decreased by 1,9% compared to the corresponding month of the previous year (Table 2).For the period January-April 2022, the value index is estimated to have recorded an increase of 10,2% and the volume index an increase of 1,3% compared to the same period of 2021. Table 1Code(NAC...
01-06-2022 10:32
Speech of the Minister of Defense, Mr Charalambos Petrides, at the New York Mediterranean Business Summit
Many thanks to the Hazlis & Rivas Economist team for hosting this Conference at the heart of New York City. Regardless of the events focus on business, growth and investments a horizontal issue pertaining all these areas is none other than security.I am honored to share the panel with esteemed speakers and even more delighted that our panel follows the insightful keynote address by Senator Menendez.Through the course of his remarkable career, his strong interest and focus on the Eastern...
01-06-2022 10:28
Photo Album - Assumption of duties by the new PIO Director
The Permanent Secretary of the Ministry of Interior, Mr Costas Constantinou, welcomes the new Director of the Press and Information Office, Ms Aliki Stylianou, on the occasion of the assumption of her duties, at the Press and Information Office.
31-05-2022 13:31
Turnover Value Index of Services: 1st quarter 2022
The Turnover Value Index during the first quarter of 2022 recorded increases in the sectors of accommodation and food service activities (91,1%), of information and communication (32,5%), of administrative and support service activities (20,6%) and of professional, scientific and technical activities (6,8%) compared to the corresponding quarter of 2021. Table 1Code NACE Rev. 2Sector of Economic ActivityTurnover Value Index (2015=100)Percentage Change (%)Jan-Mar 2...
31-05-2022 12:58
Index of Industrial Output Prices: April 2022
The Index of Industrial Output Prices for April 2022 reached 123,8 units (base 2015=100), recording an increase of 2,1% compared to March 2022. Compared to the corresponding month of the previous year, the index recorded an increase of 19,5%. For the period January-April 2022, the index showed an increase of 17,3% compared to the corresponding period of 2021. In April 2022 compared to March 2022, the index remained stable in the sector of electricity supply, while it showed a rise in the se...
31-05-2022 12:26
Statement by the Government Spokesman, Mr Marios Pelekanos, on the agreement reached regarding the 6th package of sanctions against Russia
At midnight, the EU member states reached an agreement on the 6th package of sanctions against Russia.Given the need to preserve the unity and cohesion of the EU, we welcome this development which is a step in the right direction.The Republic of Cyprus welcomes the fact that important issues concerning Member States have been taken into consideration in terms of their economic viability. As we note on every occasion, sanctions are an important policy tool in the hands of the European Union ...
30-05-2022 14:16
Changes to the operating hours of the Vaccination Centres against COVID-19
The Ministry of Health informs that the operating hours of the Vaccination Centres against the COVID-19 change as of today, Monday 30 May 2022.Vaccination centres (walk-in and via an appointment) in all districts will operate from 8:00 a.m. to 3:00 p.m. every Monday to Friday, and will no longer operate on Saturdays.It is reminded that citizens can receive the vaccine of their choice from the walk-in vaccination centres or via an appointment arrangement from the Vaccination Portal.The vacc...
30-05-2022 13:39
Photo Album - Education Minister – Press conference on Cyprus Contemporary Dance Festival
The Minister of Education, Culture, Sport and Youth, Mr Prodromos Prodromou, addresses the press conference on Cyprus Contemporary Dance Festival, at the Ministry of Education, Culture, Sport and Youth.
30-05-2022 13:12
Industrial Production Index: March 2022
In March 2022, the Industrial Production Index reached 135,7 units (base 2015=100), recording an increase of 6,9% compared to March 2021. For the period January – March 2022, the index recorded an increase of 5,2% compared to the corresponding period of the previous year.The manufacturing sector registered an increase of 2,2% compared to March 2021. Increases were also observed in the sectors of electricity supply (+27,5%) and water supply and materials recovery (+19,5%). The mining and qua...
30-05-2022 12:33
Tourist Arrivals: April 2022
The arrivals of tourists reached 289.335 in April 2022 compared to 38.226 arrivals that were recorded in April 2021.For the period of January – April 2022, arrivals of tourists totaled 534.040 compared to 55.973 in the corresponding period of 2021, 246.556 during the period of January – April 2020, and to 686.783 arrivals during the period of January – April 2019.Arrivals from the United Kingdom were the main source of tourism for April 2022, with a share of 40,1% (116.074) of total arrival...
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