WEDNESDAY, 17 OCT 2018

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Prodromou: Cyprus Satisfied with UNSG's Report on his Good Offices Mission

Angelides: Cyprus and Egypt Willing to Upgrade their Defence Cooperation

IMH LTD
INB_1000_Eng_03/08-15/11_468x60px

ECONOMY

Trade Deficit Drops in August as Imports Decline and Exports Rise

Trade Deficit Drops in August as Imports Decline and Exports Rise

The trade deficit of Cyprus dropped by €14,5 mn in August, to €353,9 mn as exports rose and imports declined, compared with August 2017.
 
The Statistical Service of Cyprus reported on Wednesday 10 October that in August 2018, total imports dropped to €618,6 mn as compared to €622,7 mn in August 2017. Imports from other EU member states were down to €364,2 mn in the eighth month of the year from €365,1 mn in August 2017. Imports from third countries also dropped to €254,3 mn compared with €257,6 mn in the same month of 2017.
 
Total exports in August 2018 rose to €264,7 mn as compared with €254,3 mn in August 2017. Exports to other EU member states in August 2018 were €70,5 mn as compared to €132,0 mn in August 2017. Exports to third countries increased to €194,2 mn from €122,4 mn in August 2017.
 
Total imports in August 2018 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €1,0 mn. as compared to €113,4 mn in August 2017. Total exports in August 2018 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €21,1 mn. as compared to €89,6 mn in August 2017.

MORE ON ECONOMY

Trilogy Limassol Seafront Sponsors the 9th Limassol Economic Forum

Cybarco's distinctive residential and commercial development “Trilogy Limassol ...

9th Limassol Economic Forum: Current Issues on Economics, Politics & Business in Europe and Beyond

IMH and IN Business magazine are organizing The 9th Limassol Economic Forum on Friday, 19 ...

Government Labour Force Increases by 1.6%

In September 2018 the government labour force increased by 785 persons (1.6%) compared to ...

FROM AROUND GOLDNEWS

   

Current Developments in the Funds Industry

All around the world, the funds industry is constantly growing and is currently one of the hubs the local industry is promoting. Regulatory developments in the ...
   

Annual inflation Up to 2.1% in the Euro Area

The Euro area annual inflation rate was 2.1% in September 2018, up from 2.0% in August. A year earlier, the rate was 1.5%. European Union annual inflation was ...
   

Audi Fined £700m Over Diesel Emissions Scandal

Audi has been fined €800m (£700m) to settle an investigation by German prosecutors into breaches of diesel emissions rules. The premium car ...
   

Netflix Hits New Subscriber Record

Netflix added seven million new customers in the three months to September, bringing its global total to more than 137 million. The stronger than expected ...
   

Arrivals and Departures of Travellers Increase in August

Arrivals of travellers in August 2018 reached 733.078 compared to 702.535 in August 2017, recording an increase of 4.3%, the Statistical Service of Cyprus ...
   

Angelides: Cyprus and Egypt Willing to Upgrade their Defence Cooperation

Defence Ministers of Cyprus and Egypt, Savvas Angelides and Mohamed Zak, have expressed the two countries` will to upgrade their defence cooperation, that is ...
   

Prodromou: Cyprus Satisfied with UNSG's Report on his Good Offices Mission

The Republic of Cyprus has expressed its satisfaction with the UN Secretary General`s report on his good offices mission, that was released on Monday 16 ...
   

Building a United Front on Financial Crimes

Financial institutions are concerned about cybercrimes, but don’t know how best to prevent them. In PwC’s 2018 Global State of Information Security ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
Dale_Carnegie_Goldenbook_300x250px

IMH LTD