Inflation up

 

THE RATE of inflation for January 2010 rose to 2.5 per cent compared to 1.6 per cent in December 2009 and 0.9 per cent in January 2009, the Statistical Service has announced.

The Industrial Turnover Index for November 2009 reached 117.5 units (base 2005=100), recording a decrease of 11.2 per cent compared to November 2008. For the period January to November 2009, the index recorded a decrease of 11.3 per cent compared to the same period in the previous year.

For manufacturing, the index for November 2009 reached 114.4 units, recording a decrease of 13.7 per cent compared to November 2008.

 

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.