THURSDAY, 9 JUL 2020

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2019_728x90px
GloriaJeans_266x90px
IMH LTD

Pompeo: US to Provide Military Education and Training Funding to Cyprus

Kassianides: Cyprus to Enter the Natural Gas Era

IMH LTD

ECONOMY

Industrial Producer Prices Fall by -0.8% in Cyprus

Industrial Producer Prices Fall by -0.8% in Cyprus

In September 2019, compared with August 2019, industrial producer prices rose by 0.1% in both the euro area (EA19) and in the EU28, and decreased in Cyprus by -0.8% according to estimates from Eurostat, the statistical office of the European Union. In August 2019, prices decreased by -0.5% in the euro area, by -0.4% in the EU28 and increased by 0.1% in Cyprus.

In September 2019, compared with September 2018, industrial producer prices fell by -1.2% in the euro area by -0.7% in the EU28 and increased by 0.2% in Cyprus.

Industrial producer prices in the euro area in September 2019, compared with August 2019, rose by 0.5% in the energy sector, by 0.2% for durable consumer goods and by 0.1% for non-durable consumer goods, while prices remained stable for capital goods and fell by 0.2% for intermediate goods. Prices in total industry excluding energy remained stable.

In the EU28, industrial producer prices rose by 0.2% in the energy sector and by 0.1% for durable consumer goods, while prices remained stable for capital goods and non-durable consumer goods, and fell by 0.1% for intermediate goods. Prices in total industry excluding energy remained stable. The highest increases in industrial producer prices were recorded in Greece (+1.2%), Hungary (+0.7%), Belgium and Croatia (both +0.5%), while the largest decreases were observed in Latvia (-1.3%), Cyprus (-0.8%) and Denmark (-0.7%).

Industrial producer prices in the euro area in September 2019, compared with September 2018, fell by 6.1% in the energy sector and by 0.7% for intermediate goods, while prices rose by 1.1% for non-durable consumer goods, by 1.5% for capital goods and by 1.6% for durable consumer goods. Prices in total industry excluding energy rose by 0.4%. In the EU28, industrial producer prices fell by 5.7% in the energy sector and by 0.3% for intermediate goods, while prices rose by 1.3% for non-durable consumer goods, by 1.4% for durable consumer goods and by 1.6% for capital goods. Prices in total industry excluding energy rose by 0.8%. The largest decreases in industrial producer prices were recorded in Denmark (-4.0%), Spain (-3.3%) and Portugal (-2.7%), while the highest increases were observed in Bulgaria (+4.5%), Romania (+4.2%) and Hungary (+2.4%).

MORE ON ECONOMY

Lakkotrypis: Moratorium In The EEZ Would Signal The End Of All Cyprus Energy Prospects

A moratorium in hydrocarbon activities in the exclusive economic zone (EEZ) of the ...

Moody’s: Cyprus' High Loan Payment Deferrals Reflects Strain On Economy

In their bi-weekly outlook report, Moody’s analysis on the payment deferrals for ...

Irina Misca: We Must Strengthen Insolvency Frameworks To Save Firms And Boost Economic Recovery

CITR Cyprus Director and Cyprus Country Coordinator of INSOL Europe, Irina Misca, pointed ...

FROM AROUND GOLDNEWS

   

CSR During a Pandemic

Katerina Biloruska, Chairwoman of the non-profit Parimatch Foundation, explains how it has helped in the fight against COVID-19, whilst staying true to its ...
   

John Lewis to Close Eight Stores Permanently

John Lewis has announced it is permanently closing eight of its stores, putting 1,300 workers at risk, the BBC reports. The retailer said it had to ...
   

House Prices up by 1.1% in Cyprus in Q1 2020

House prices, as measured by the House Price Index, rose by 5.0% in the euro area in the first quarter of 2020 compared with the same quarter of the previous ...
   

Kassianides: Cyprus to Enter the Natural Gas Era

Cyprus as of July 9 will enter the natural gas era, Natural Gas Public Company Chairman Symeon Kassianides has said as tomorrow the President of the Republic ...
   

Pompeo: US to Provide Military Education and Training Funding to Cyprus

The US for the first time will provide international military education and training funding to Cyprus, as part of the State Department`s efforts to enhance ...
   

Cyprus to Establish a Deputy Ministry of Culture

The Cabinet has decided to proceed with the establishment of a Deputy Ministry of Culture, Deputy Government Spokesman Panayiotis Sentonas said. ...
   

Impressive Construction Work Progress At Ayia Napa Marina

On Wednesday, July 8, media representatives were given the chance to tour the iconic Ayia Napa Marina, and were provided with insight into the progress of ...
   

New Minister Of Energy And Deputy Minister For Shipping Are Sworn In

The new Minister of Energy, Commerce and Industry Natasa Pilides and Deputy Minister to the President for Shipping Vassilis Demtriades assume duties on Friday, ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Compliance_29/06-24/09_300x250px
Gold_Issue_300x250px

IMH LTD