Cyprus Current Account Deficit Widens in Q1 âšī¸
Cyprus experienced a widening current account deficit of âŦ1,207.8 million in Q1 2025, compared to âŦ947 million in the same period last year, with increased goods account deficit and primary income gap.
Macroeconomic indicators suggest deteriorating trade balance and income dynamics, which could signal potential economic challenges for regional markets with potential spillover effects.
Cyprus Retail Sales Growth Highest Since 2022 âšī¸
Cyprus retail sales grew 10.0% year-on-year in May 2025, showing strong performance across multiple retail sectors including food, clothing, and technology equipment.
Moderate retail growth indicates stable consumer spending, but limited direct implications for broader market indices. Signals potential resilience in consumer discretionary sectors without dramatic market-moving significance.
Cyprus Industrial Output Rises in April âšī¸
Cyprus industrial production grew 3% year-on-year in April 2025, with manufacturing and water supply sectors showing strong performance, while mining and quarrying experienced a decline.
Moderate industrial production growth indicates stable economic conditions with mixed sector performance. Limited direct relevance to broader market indices or global economic trends.