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31-12-2023 19:00

Televised message by the President of the Republic, Mr Nikos Christodoulides, on the occasion of the New Year 2024

Fellow compatriots,In this first New Year’s message that I address as the President of the Republic of Cyprus, I am fully aware of the obligation and the profound responsibility towards the country and the people, whom I deeply respect.The dawning of 2024 finds our country facing many challenges; first and foremost is, of course, the need to solve our national problem, end the occupation and achieve the liberation and reunification of our country.The new year marks fifty years since the il...

29-12-2023 16:26

Fiscal Accounts οf General Government: January – November 2023

Surplus €1.000,7 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT), indicate a surplus of €1.000,7 mn (3,4% of GDP) for the period of January – November 2023, as compared to a surplus of €636,8 mn (2,3% of GDP) that was recorded during the period of January – November 2022.RevenueDuring the period of January – November 2023, total revenue increased by €1.227,9 mn (+12,5%) and amounted to €11.064,3 mn, compared to €9.836,4...

29-12-2023 15:26

Index οf Industrial Output Prices: November 2023

Annual Change -0,7%The Index of Industrial Output Prices for November 2023 reached 138,3 units (base 2015=100), recording an increase of 0,2% compared to October 2023. Compared to the corresponding month of the previous year, the index recorded a decrease of 0,7%. For the period January – November 2023, the index showed an increase of 5,0% compared to the corresponding period of 2022.In November 2023, compared to October 2023, the index remained stable in the sector of mining and quarrying...

29-12-2023 11:55

New publications by the Office of the Law Commissioner

The Office of the Law Commissioner has recently published the following editions:The European Investigation Order in Criminal Matters Laws of 2017 to 2023 (English translation and consolidation) - ΓΕΝ(Α) – L.198Ο περί της Κυπριακής Υπηρεσίας Πληροφοριών (ΚΥΠ) Νόμος του 2016 μέχρι 2023  – (Ενοποίηση στην Ελληνική) – ΓΕΝ – Ν.70(MS/ΝΖ)

28-12-2023 13:48

Industrial Production Index: October 2023

Annual Change +5,4%In October 2023, the Industrial Production Index reached 138,6 units (base 2015=100), recording an increase of 5,4% compared to October 2022. For the period January – October 2023, the index recorded an increase of 2,1% compared to the corresponding period of the previous year. The manufacturing sector registered an increase of 4,6% compared to October 2022. An increase was also observed in the sectors of water supply and materials recovery (+24,7%), mining and quarrying...

28-12-2023 13:10

Imports, sales and stocks of petroleum products: November 2023

Annual Change in Sales 3,7%In November 2023, the total sales of petroleum products amounted to 119.253 tonnes, recording an increase of 3,7% compared to November 2022. A rise was observed in the provisions of aviation kerosene (25,8%) as well as in the sales of heavy fuel oil (28,4%), road diesel (6,6%) and motor gasoline (6,0%). On the contrary, a decrease was observed in the sales of light fuel oil (-17,4%), asphalt (-5,2%), heating gasoil (-3,7%), kerosene (-2,9%) and liquified petroleum ...

27-12-2023 12:46

Average Monthly Earnings οf Employees: 3rd Quarter 2023

Annual Change 6,2% Based on provisional data, the average gross monthly earnings of employees during the third quarter of 2023, amounted to €2.224 compared to €2.094 during the third quarter of 2022, i.e. an increase of 6,2% is observed.The average gross monthly earnings during the third quarter of 2023, seasonally adjusted, are estimated at €2.371 and compared to the second quarter of 2023 they are increased by 1,4%. Note: From the 1st quarter of 2023 onwards, data are provisional. Th...

27-12-2023 09:48

Τhe High Commissioner of Cyprus to Pakistan presents his credentials

The High Commissioner of the Republic of Cyprus Mr Andreas P. Kouzoupis presented his credentials to the President of the Islamic Republic of Pakistan, Dr Arif Alvi, at a ceremony held on Tuesday, 19 December 2023, at the Presidential Palace Aiwan–e–Sadr, in Islamabad.High Commissioner Kouzoupis conveyed the heartfelt greetings of the President of the Republic, Mr Nikos Christodoulides, and underlined Cyprus’ commitment to further developing and expanding the bilateral relations of the two c...

22-12-2023 17:10

Turnover Value Index in the Divisions of Wholesale Trade and of Trade/Repair of Motor Vehicles: 3rd quarter of 2023

Annual change -3,0% in Wholesale Trade and +22,7% in Motor VehiclesThe Turnover Value Index of Wholesale Trade (Division 46) during the third quarter of 2023 recorded a decrease of 3,0% compared to the corresponding quarter of the previous year. For the same quarter, the Turnover Value Index of Sales and Repair of Motor Vehicles (Division 45) recorded an increase of 22,7% compared to the corresponding quarter of the previous year.  Table 1 Code(NACE Rev. 2)Economic Activity...

22-12-2023 17:08

Quarterly Accounts of General Government: 3rd quarter 2023

Surplus €720,0 mnThe preliminary General Government fiscal results, which are prepared by the Statistical Service of Cyprus (CYSTAT), indicate a surplus of €720,0 mn for the period of July –September 2023, as compared to a surplus of €774,1 mn that was recorded during the period of July – September 2022.RevenueDuring the period of July – September 2023, total revenue increased by €133,4 mn (+4,0%) and amounted to €3.461,8 mn, compared to €3.328,4 mn in the corresponding period 2022.In de...

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