SATURDAY, 24 FEB 2018

 

CONNECT

Facebook Linked In Twitter
PwC_02/02_23/02_728x90px
GloriaJeans_266x90px
IMH LTD

René Troccaz: Developments in Cyprus’ EEZ Concern the Whole of the EU

New Safety Requirements for Coastal Passenger Vessels Enter into Force

IMH LTD
MTN_07/07-10/04_468x60px

ECONOMY

Cyprus Yearly Inflation At 1.4% in February 2017

Cyprus Yearly Inflation At 1.4% in February 2017

Inflation in Cyprus was 1.4% in February 2017, up from 0.7% in January 2017, with a monthly rate of 0.1%. A year earlier the rate was -2.2%. 

 

Euro area annual inflation was 2.0% in February 2017, up from 1.8% in January. In February 2016 the rate was -0.2%. European Union annual inflation was 1.9% in February 2017, up from 1.7% in January. A year earlier the rate was -0.1%. These figures come from Eurostat, the statistical office of the European Union.

 

In February 2017, the lowest annual rates were registered in Ireland (0.3%), Romania (0.5%), Bulgaria and Denmark (both 0.9%). The highest annual rates were recorded in Estonia (3.4%), Belgium (3.3%), Latvia and Lithuania (both 3.2%). Compared with January 2017, annual inflation fell in three Member States and rose in twenty-four.

 

The largest upward impacts to euro area annual inflation came from fuels for transport (+0.60 percentage points), vegetables (+0.25 pp) and heating oil (+0.16 pp), while telecommunication (-0.10 pp), garments (-0.07 pp) and gas (-0.06 pp) had the biggest downward impacts.

MORE ON ECONOMY

PwC: Benefits from the Use of Technology in Tax Compliance

The use of technology, by business and government, in tax compliance is driving continued ...

Cyprus Records Deflation Of 1.5% in January

Cyprus recorded deflation of 1.5% on an annual basis in January, official data released ...

EU Long-Term Budget after 2020: European Commission Sets Out Options And Consequences

Ahead of the Informal Leaders' meeting on 23 February 2018, the European Commission ...

FROM AROUND GOLDNEWS

   

CBC: Investment Funds Assets Increase by €700M

The total assets of investment funds increased by approximately €700 mn on a quarterly basis, reaching a historically high level, according to data ...
   

Electric Powered Mini Cars to be Built in China

Electric-powered Mini cars are to be built in China, as well as in Oxford where most Mini cars are currently made. BMW, the owner of the Mini brand, said it ...
   

Cyta Obtains Exclusive Champions League/Europa League TV Rights

Cyta has obtained the exclusive TV broadcasting rights for the UEFA Champions League and UEFA Europa League for the three-season 2018-2021 period. Cyta was ...
   

DP World Limassol Prepares For Leading Role in Oil & Gas Trade

The role of Cyprus as a maritime, energy and logistics hub was discussed by global shipping industry executives and experts during the 2nd Annual Capital Link ...
   

New Safety Requirements for Coastal Passenger Vessels Enter into Force

Article 47A of the Merchant Shipping (Issue and Recognition of Certificates and Marine Training) Laws of 2008 and 2017, which took effect on January 1 2008, ...
   

RBS Records Profit for First Time in Ten Years

Royal Bank of Scotland has returned to profit for the first time in a decade as it continues its recovery. Chief executive Ross McEwan told the BBC it was ...
   

René Troccaz: Developments in Cyprus’ EEZ Concern the Whole of the EU

Developments in Cyprus’ Exclusive Economic Zone (EEZ) is an issue that concerns the whole of the EU, French Ambassador to Cyprus René Troccaz has ...
   

ENI: Digital Transformation with the Launch of HPC4 Supercomputer

Eni has entered a crucial phase in its process of strategic digitalisation - with 150 projects cutting across all business areas and involving over 150 ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Antifraud_30/01-14/03_300x250px
Gold_Digital_Edition_300x250px

IMH LTD