Cyprus bank deposits and lending both rise in August
Deposits and loans in Cyprus both recorded net increases in August 2026, according to data published on Friday by the…
Category: Economics
Cyprus to host conference on overhauling tax dispute body, with international experts invited
October event at Presidential Palace to examine reform of Tax Council, drawing on practice from Ireland and Portugal Cyprus’s Commissioner…
Cyprus makes debut national appearance at Hamburg’s SMM maritime trade fair
Nine Cypriot firms showcase shipping technology and innovation as government pushes to raise island’s maritime profile abroad Cyprus staged its…
Istanbul exports hit record $8.8bn in August as jewellery sector leads growth
City accounts for 37.5% of Turkey’s total exports as national figure climbs 8.1% to $23.5bn Istanbul recorded its highest-ever monthly…
Turkey’s e-commerce sector surges past 4.5 trillion lira as online shopping reaches 60% of population
Trade minister Bolat touts export support and rising consumer protection as retail e-commerce jumps 52% in a year Turkey’s e-commerce…
Cyprus inflation surges to 5.2% as energy and transport costs spike
Restaurants, hotels and transport drive sharpest price rises in years, while clothing costs continue to fall Consumer prices in Cyprus…
Cyprus inflation hits five-month high as fuel and utility costs surge, consumer watchdog finds
Annual price growth reaches 3.5% in August, driven by oil products and electricity, as cost-of-living pressures persist since Middle East…
Cyprus posts third-highest inflation rate in the EU as price pressures accelerate sharply
Harmonised inflation jumps from 4.4% to 5.2% in a single month, far outpacing eurozone average, Cypriot press reports Cyprus recorded…
Cyprus credit rating raised to A by S&P as economy shrugs off global turmoil
Ratings agency points to resilient growth, falling debt and fiscal surpluses even as Middle East instability clouds outlook Cyprus has…
