WEDNESDAY, 3 MAR 2021

 

CONNECT

Facebook Linked In Twitter
GAP Vassilopoulos
GloriaJeans_266x90px
IMH LTD

Brussels To Issue Draft Law On Vaccine Passports This Month, Says Von Der Leyen

Kokkinos Stresses Need For Coordinated Actions & Investments For Green -Digital Transition

IMH LTD

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

ICT Industry Highest Paying Sector In Most Member States For 2018

How much people earn varies considerably between economic activities. Which sectors ...

Health Minister: We Must Avoid A Setback

Health Minister Constantinos Ioannou said that a setback must be avoided and urged people ...

Analysis: Central banks will happily ignore inflation-mongers

The world’s biggest central banks will happily live with higher inflation and ...

FROM AROUND GOLDNEWS

   

Brussels To Issue Draft Law On Vaccine Passports This Month, Says Von Der Leyen

Brussels will put forward a draft law this month to create so-called vaccine passports, European Commission (EC) President Ursula von der Leyen has announced. ...
   

Volvo Cars To Go Fully Electric By 2030

Volvo Cars is only going to sell electric vehicles by 2030, the Swedish firm has said. It will phase out all car models with internal combustion engines by ...
   

Cloudlayer8 Launches Its Brand-New And Upgraded Corporate Website

CloudLayer8 (CL8), the first independent, carrier neutral, state-of-the-art Tier III Data Center in Cyprus, has announced the launch of its new upgraded ...
   

EU Changes Its Energy Labelling Rules

To help EU consumers cut their energy bills and carbon footprint, a brand new version of the widely-recognised EU energy label will be applicable in all shops ...
   

Cyprus GDP Output Loses €1.1 Billion Amid Covid-19 Crisis

Cyprus GDP lost €1.1 billion in 2020, with economic activity severely affected by the coronavirus pandemic and the ensuing restrictions that impacted ...
   

Kokkinos Stresses Need For Coordinated Actions & Investments For Green -Digital Transition

Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos stressed the need to coordinate actions and investments at national and European ...
   

2nd Cyprus Forex Summit: FX Risk Exposure of Private Debt

IMH is organising the 2nd Cyprus Forex Summit as a digital event on Thursday, 8 April 2021. Distinguished speakers from Cyprus and abroad will present the ...
   

CIM Summit 2021: Navigating the Future

The Cyprus Institute of Marketing (CIM) is organising the CIM Summit 2021 ‘Navigating the Future’ for the 13th consecutive year. The Summit will be ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

IMH_COMPANY_PACK_2021
GloriaJeans_300x250px

IMH LTD