WEDNESDAY, 18 MAY 2022

 

CONNECT

Facebook Linked In Twitter
IMH LTD

Anastasiades: COLA Is Making Up For The Loss Of Income To Some Extent

"Don't Forget Cyprus", Greek Premier Tells US Congress In Historic Address

IMH LTD

ECONOMY

Harmonised Inflation In December Climbs To The Highest Level Since Oct 2008

Harmonised Inflation In December Climbs To The Highest Level Since Oct 2008

The annual harmonised Index of Consumer Prices (HICP) rate in December 2021 reached 4.8% fueled mainly by energy prices, equaling the respective level of October 2008.

According to data released by the Statistical Service of Cyprus (Cystat), the HCIP for the period of January – December 2021 amounted to 2.3%, compared with the respective period of 2020, while the HCIP in December declined by 0.3% compared with the previous month of 2021.

Compared to December 2020, the largest changes were noted in Housing, Water, Electricity, Gas and Other Fuels and Transport with percentages of 15.8% and 13.7% respectively.

In terms of economic origin, the largest annual changes in December 2021 were recorded in Energy which soared by 28%. Compared with November 2021 energy declined by 1.6% in December, Cystat said.

For the period January – December 2021, compared to the corresponding period of the previous year, the largest change was noted in Transport with 8.6%.

Source: CNA

MORE ON ECONOMY

EU Commission Projects Economic Slowdown And Rising Inflation For Cyprus

The European Commission revised its economic projections downward for Cyprus, citing the ...

CTSO: The Platform For The Competitive Electricity Market Will Be Ready By Fourth Quarter Of 2022

The platform for the Competitive Electricity Market, which also includes the Energy ...

Which Parts Of The Eurozone Are Being Hardest Hit By Record Inflation?

Inflation in the eurozone is expected to have reached a record high of 7.5% in April, but ...

FROM AROUND GOLDNEWS

   

Anastasiades: COLA Is Making Up For The Loss Of Income To Some Extent

The cost-of-living adjustment (COLA) is making up for the loss of income to some extent, Cyprus’ President, Nicos Anastasiades said on Tuesday ahead of a ...
   

EU Forecasts For Cypriot GDP In 2022 And 2023 In Line With Our Forecasts, Finance Ministry Says

The European Commission forecasts for Cypriot GDP for 2022 and 2023, at 2.3% and 3.5% respectively, are in line with the latest forecasts of Cyprus Ministry of ...
   

"Don't Forget Cyprus", Greek Premier Tells US Congress In Historic Address

Greek Prime Minister Kyriakos Mitsotakis asked on Tuesday the US Congress not to forget Cyprus in a historic address he delivered.
   

Cyprus Innovation Awards 2022

The submission of applications for the Cyprus Innovation Awards 2022 has just begun. If your company or organization has successfully implemented an ...
   

Launch Of Tobacco Heating Product gloTM from BAT In Cyprus, With Benefits For The Local Economy And Society

The tobacco heating product gloTM is being launched in Cyprus by BAT, a leading, multi-category consumer goods business. This move is expected to make a ...
   

MoU On Cooperation Between The Deputy Ministry Of Research, Innovation And Digital Policy And Amazon Web Services

The Deputy Ministry of Research, Innovation and Digital Policy signed today, at the Presidential Palace, a Memorandum of Understanding with Amazon Web Services ...
   

Fire Safety Week by CNP ASFALISTIKI and Cyprus Fire Service

For the 21st consecutive year, CNP ASFALISTIKI and Cyprus Fire Service, join forces in the common effort that aims to prevent fires and deal with them. ...
   

GOLD Magazine Presents The Limassol Issue

Many of GOLD’s readers and advertisers are based in Limassol, the island’s leading international business centre, where world-renowned international firms ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

gold_may_issue_13/5-16/6
legal_gala_diner

IMH LTD