August 2025 Fuel Sales Decline Slightly Year‐Over‐Year Amid Shifting Demand Dynamics

by THEFUTURE.TEAM

September 29, 2025

Recent data from the Statistics Agency reveals that overall fuel sales in August 2025 reached 123,378 tonnes, marking a modest 1.0% decline compared to August 2024. Month‐on‐month figures further highlight a 14.8% drop from July 2025, signaling notable shifts in demand across various fuel categories.

Sector Breakdown and Performance

Detailed analysis indicates significant contractions in several segments. Sales of heavy and light marine fuels experienced steep declines (-100.0% and -70.6% respectively), while asphalt, liquefied petroleum gas, diesel fuel, heating oil, and gasoline registered decreases ranging from -11.5% to -0.1%. In contrast, supplies for specialized applications saw growth, with marine fuel for ships increasing by 41.4% and aviation fuel by 12.8%.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Retail and Monthly Trends

Fuel sales from retail stations fell by approximately 1.1%, amounting to 54,605 tonnes during the month. A closer examination of the month‐to‐month performance reveals that marine fuel supplies dropped by 35.2%, diesel sales declined by 20.2%, and gasoline fell by 8.7%, even as aviation fuel supplies saw a slight rise of 1.5%. Additionally, overall petroleum stock levels decreased by 9.6% at the end of August compared to the previous month.

Year‐to‐Date Growth Amid Annual Shifts

Despite the August downturn, cumulative figures for January through August 2025 show a 3.8% increase in total fuel sales relative to the same period last year. This juxtaposition of short‐term declines against year‐to‐date growth underscores the complex market dynamics at play, driven by shifting consumption patterns and sector-specific variances.

The Future Forbes Realty Global Properties

ECB Raises Deposit Facility Rate For First Time In Nearly Two Years

by THEFUTURE.TEAM

June 15, 2026

Economic Shift: ECB Reverses Years Of Declining Rates

The European Central Bank (ECB) confirmed its first interest rate increase in nearly two years, raising the deposit facility rate in response to inflationary pressures and geopolitical uncertainty. Marking a shift in monetary policy, the move follows a period of rate cuts aimed at supporting economic activity and easing financing conditions.

Reevaluation Of Bank Liquidity Strategies

Although the immediate impact will be felt by only part of the borrowing market, the decision carries broader implications for banks. During the period of lower rates, banks maintained significant amounts of excess liquidity with the ECB as returns on these funds declined alongside deposit rates. With the deposit facility rate increasing by 0.25 percentage points to 2.25% from 2.00%, returns on surplus liquidity are expected to improve.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Higher interest rates, however, could also increase borrowing costs and influence lending conditions across the banking sector.

Transitioning Investment Approaches And Market Dynamics

Banks had already begun diversifying the use of excess liquidity through investments in bonds and by expanding lending activities.

Successive reductions in the deposit facility rate from 3.00% at the end of 2024 through four consecutive cuts in early 2025 reflected a more accommodative policy stance as inflation pressures moderated.

Sectoral Impact And Future Outlook

Data from the ECB’s 2025 monetary policy report show that liquidity in the Cypriot banking system declined from €19.2 billion at the end of 2024 to €18.6 billion by the close of 2025. Despite the reduction, liquidity levels remained elevated. Outstanding loans increased from €27.6 billion to €31.7 billion, while deposits recorded a slight decline. Customer deposits continued to account for the vast majority of funding. By the fourth quarter of 2025, they represented 95% of total liabilities, highlighting their importance as the banking sector’s primary source of financing.

Changes in ECB rates are expected to influence how banks manage liquidity and allocate capital as monetary conditions evolve.

Breaking news