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Cyprus trade deficit increased by 33% or by €1,747.2 million in 2022, since the significant increase in exports failed to offset the even greater increase in imports.
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Cyprus trade deficit increased by 33% or by €1,747.2 million in 2022, since the significant increase in exports failed to offset the even greater increase in imports.
Cyprus' foreign trade registered a significant increase in the first ten months of 2022, according to data released on Monday by the Statistical Service of Cyprus.
For the period of January – December 2022, arrivals of tourists totaled 3,201,080, compared to 1,936,931 in the corresponding period of 2021, 631,609 in 2020 and 3,976,777 arrivals in the same period of 2019, announced the Statistical Service of Cyprus.
The Cyprus House Price Index (HPI) rose by 5.3 per cent on an annual basis in the thirdquarter of 2022 according to the Statistical Service.
Staff of the IMF were in Ghana this week to discuss a "reform package" as inflation hits 19-year high.