68 h. ago Meat and shellfish prices soar in April despite slowdown in inflation

Frozen molluscs and fresh meat recorded the steepest monthly price increases in April, up by 14.1 and 10.7 per cent respectively, even as inflation slowed to just 0.2 per cent, according to the latest price observatory by the Consumer Protection Service. The data, published on Wednesday, shows that overall inflation eased significantly from 1.6 per […]

Economics

4 d. ago Religious holiday overlap boosts Cyprus airport traffic in April

Cyprus residents made 164,844 trips abroad in April, marking a 24.1 per cent increase compared with the 132,806 trips recorded in April of last year, according to data released by the statistical service on Monday. The rise in travel activity was attributed to the rare overlap of Orthodox Easter, Catholic Easter and Jewish passover, which […]

Politics

2 w. ago Volvo Cars sales fall 11 per cent in April as fully electric cars slump

Volvo Cars this week reported an 11 per cent decrease in April sales to 58,881 cars from a year earlier, sending its shares down. Volvo Cars, which is majority-owned by China’s Geely, said in a statement sales of fully electric cars fell 32 per cent to account for 20 per cent of total sales volumes. […]

Politics

2 w. ago Electric and hybrid cars gain ground as overall vehicle registrations drop

Electric and hybrid cars are making up an increasing share of new vehicle registrations in Cyprus, even as total registrations continue to decline. Between January and April 2025, electric vehicles accounted for 4.8 per cent of passenger saloon car registrations, up from 3.6 per cent during the same period in 2024. Hybrid cars also saw […]

Politics

2 w. ago UK new car sales fall 10.4 per cent in April, industry data shows

British new car registrations fell more than 10 per cent year-on-year in April, with Tesla’s (TSLA.O) UK sales plummeting 62 per cent, dragged by weak consumer confidence and tax increases, industry data showed this week. The Society of Motor Manufacturers and Traders (SMMT) said 120,331 units were registered in the traditionally quieter month of April. […]

Politics

2 w. ago Tesla’s UK sales lowest in over two years in April as Europe snubs Musk

Tesla’s (TSLA.O) new car sales in Britain plummeted 62 per cent year-on-year in April to their lowest in over two years, even as demand for electric vehicles rose, data from research group New AutoMotive showed on Tuesday. Sales of billionaire Elon Musk’s EV cars also plunged to multi-year lows in some other key European markets […]

Politics

3 w. ago Petroleum product sales in Cyprus fall by 0.8 per cent in March

Total sales of petroleum products in Cyprus reached 107,291 tonnes in March 2025, marking a slight annual decrease of 0.8 per cent compared to March 2024, according to official data published on Monday. The data, which was included in a report by the Cyprus Statistical Service (Cystat), showed that sales declined in several key categories. […]

Politics