CYSTAT announces the electronic publication “Labour Market Indicators, May 2024”.
The publication contains a summarized collection of the main indicators concerning employment, unemployment, earnings, labor costs and the economy of Cyprus for the years 2016-2023 and is available in Greek here.
This is the weekly information bulletin, for the week up to 10/05/2024 with comprehensive briefing in matters of direct and indirect taxation. The members’ link will be valid until 09/06/2024.
GDP GROWTH RATE: 1st QUARTER 2024 (FLASH ESTIMATE)
Growth Rate 3,5%
The GDP growth rate in real terms during the first quarter of 2024 is positive and it is estimated at 3,5% over the corresponding quarter of 2023. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3,3%.
The positive GDP growth rate is mainly attributed to the sectors: “Hotels and Restaurants”, “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Information and Communication”, “Construction”, “Arts, Entertainment and Recreation” and “Other Service Activities”.
We would like to inform you that the Trade Promotion Council of India in cooperation with the Ministry of Commerce and Industrialists of India, is organizing the 8th IndusFood Exhibition on 8-10 January 2025 in New Delhi.
The IndusFood Exhibition is a comprehensive exhibition in Asia’s beverage and food sector aimed at connecting buyers and sellers.
Please find below (PDF) a relevant brochure with information about the exhibition as well as the report of the exhibition for 2024