THURSDAY, 15 NOV 2018

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2018_728x90px
GloriaJeans_266x90px
IMH LTD

Akinci Insists on a Non-Functional State

Andrej Kiska: Slovakia Will Continue the Same Policy on Cyprus Problem

IMH LTD
Altamira_24/10-23/11_468x60px

ECONOMY

Cyprus Records Lowest Annual Inflation Rate in the EU

Cyprus Records Lowest Annual Inflation Rate in the EU

Cyprus registered the lowest annual inflation rate in the EU in January 2018 (-1.5%), followed by Ireland (0.3%) and Greece (0.2%), according to Eurostat, the statistical office of the European Union.

Meanwhile, Euro area annual inflation rate was 1.3% in January 2018, down from 1.4% in December 2017. In January 2017, the rate was 1.8%. European Union annual inflation was 1.6% in January 2018, down from 1.7% in December 2017. A year earlier the rate was 1.7%, the Cyprus News Agency reports.

According to Eurostat, the highest annual rates were recorded in Lithuania and Estonia (both 3.6%) and Romania (3.4%). Compared with December 2017, annual inflation fell in twenty-one Member States, remained stable in one and rose in six. In January 2018, the highest contribution to the annual euro area inflation rate came from services (+0.56 ), followed by food, alcohol & tobacco (+0.39), energy (+0.22) and non-energy industrial goods (+0.15).

MORE ON ECONOMY

Government Labour Force Marginally up in October

The government labour force was marginally up this October compared to October 2017, data ...

Dijsselbloem: Europeans Need to Raise Their Defence Spending and Work Together

Former Eurogroup chief, Jeroen Dijsselbloem said on Monday that the most important issues ...

Moody’s: CBC Directive on Shell Companies Improves Anti-Money-Laundering Practices

Moody’s rating agency says that Cyprus Central Bank’s (CBC) new directive on ...

FROM AROUND GOLDNEWS

   

Cyta Calls on Oracle to Drive Digital Transformation

The Cyprus Telecommunications Authority, the leading provider of integrated electronic communications services in Cyprus, has selected the Oracle Rapid ...
   

Full Steam Ahead for Cybarco

The leading luxury developer and the backbone of the reputable Lanitis Group, Cybarco is continuing to set new standards for property development in Cyprus ...
   

Stephen Carver: Project Management is a Mindset That is Applicable Across All Sectors

Stephen Carver is constantly rated as one of the top 3 lecturers at Europe’s top Business Schools - Cranfield. He has a reputation of taking complex ...
   

Andrej Kiska: Slovakia Will Continue the Same Policy on Cyprus Problem

Slovak President Andrej Kiska has assured new Cypriot Ambassador Michalis Stavrinos that his country will continue following the same policy on the Cyprus ...
   

Poland Supports a Lasting and Functional Solution That Will Make Cypriots Feel Safe

Poland’s new Ambassador to the Republic of Cyprus, Irena Lichnerowicz-Augustyn,  said her country supports any lasting and functional solution that ...
   

Atlantica Hotels & Resorts Wins 13 Awards at The Tui Northern Region Hotel Awards – London 2018

We are proud to announce that Atlantica Hotels & Resorts has been recognized with 13 major awards at the TUI Northern Region Hotel Awards ceremony which ...
   

UK Inflation Holds Steady at 2.4% in October

The UK inflation rate remained steady at 2.4% in October, confounding analyst expectations of a rise to 2.5%. The Consumer Prices Index (CPI) figure included ...
   

Japan GDP: Natural Disasters Hit Economic Growth

Japan's economy shrank in the third quarter as natural disasters hit spending and disrupted exports. The economy contracted by an annualised 1.2% ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Chelco_VAT_300x250px
Dale_Carnegie_Leadership_300x250px

IMH LTD