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Pakistan’s economic conditions show improvement, says PM

Pakistan's economic indicators are showing positive signs, with an agenda of painful reforms and privatization on track, Prime Minister...

Economic sentiment declines for second consecutive month

For the second consecutive month, economic sentiment in Cyprus decreased in March, with the Economic Sentiment Indicator (ESI) moving...

Industrial production increases by 2.4% in 2023

The industrial production in Cyprus increased by 2.4% in 2023 compared to 2022, according to data released on Wednesday...

Economic climate deteriorates in February

In February 2024, a deterioration was recorded in the economic climate with the Economic Sentiment Indicator (ESI) decreasing by...

ANALYSIS-Pressure grows on China for big policy moves to fix economy

As the annual meeting of China's parliament approaches next month, its leaders are facing the greatest pressure in almost...

Transport and storage sector sees growth in 2023

The Business Cycle Index in Transport and Storage during the fourth quarter of 2023 reached 143.1 units (base year...

Germany to slash 2024 economic growth forecast to 0.2%, source says

The German government will slash its economic growth forecast for this year to just 0.2% in a report due...

World-beating growth? Not for India’s rural majority

Jakir Khan, an Indian farm worker, says he has cut down on food as his income has halved. There...

China’s 2023 GDP shows patchy economic recovery, raises case for stimulus

China's economy grew 5.2% in 2023, slightly more than the official target, but the recovery was far shakier than...

Tourism increases by 20% in 2023

The tourism sector in Cyprus recorded a little over a 20% increase in 2023 compared to 2022, marking the...

Key developments in Cypriot economy during 2023

The departing year was marked by a significant economic slowdown driven mainly by a series of aggressive interest rate...

Cypriot economy sustains growth despite external pressures

The economic growth rate remains robust, standing at 2.5% in the third quarter of 2023 compared to the same...

Contrary to euro area, Cyprus records growth in third quarter of 2023

In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area but Cyprus –...

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