Economy
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Cyprus inflation decelerates to 1.5 per cent in August
Inflation in Cyprus stood at 1.5 per cent in August, its lowest level since March of this year, according to…
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August inflation announced as 3.28 percent
The cost of living for August was announced as 3.28 per cent. The highest increase was seen in the cost…
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Cyprus food prices rise despite easing inflation
Cyprus’ inflation rate for August aligned with the eurozone average, easing to 2.2% from 2.4% in July. This marked a…
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GOLD HİT RECORD HIGH
Gold is nearing its record level, supported by expectations that upcoming inflation data might clarify the Federal Reserve’s pace of…
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Cost of living 3.51 percent for July
The Statistics Institute announced the cost of living rates for July. According to the data announced by the institution, the…
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Bank of England delays Basel bank capital rules until after summer
The Bank of England will not publish rules for implementing tougher global bank capital requirements until after the summer, it…
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Food inflation moderates to 1.89 per cent despite broader inflation spike
Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4…
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New minimum wage: Gross ₺34,070, Net ₺29,640
The Minimum Wage Determination Commission has set the second minimum wage for 2024. With a 23.5% increase, the new minimum…
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IMF to launch new Ukraine mission to review loan, latest economic developments
The International Monetary Fund will start a new Ukraine mission in coming weeks to assess the war-torn country’s $15.6 billion…
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TRNC economy shows growth trend
The World Bank has announced that the economy of the Turkish Republic of Northern Cyprus (TRNC) is expected to grow…
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