Cyprus Inflation Eases Slightly To 2.5% In January

by THEFUTURE.TEAM

February 7, 2025

Inflation in Cyprus stood at 2.5% in January, down marginally from 2.6% in December, according to the Cyprus Statistical Service (Cystat). The Consumer Price Index (CPI) dropped by 1.58 points to 116.73, reflecting a slowdown in price growth.

Agricultural Goods saw the most volatility, rising 10% year-on-year but declining 6.1% from December. Food and Non-Alcoholic Beverages increased by 4.8% annually, while Restaurants and Hotels rose by 4.1%. Clothing and Footwear recorded the steepest monthly drop, falling 13%.

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The biggest contributors to annual inflation were Food and Non-Alcoholic Beverages (+1.07) and Transport (+0.56), while Clothing and Footwear (-0.18) exerted downward pressure. Month-on-month, Clothing and Footwear (-1.00) had the most significant deflationary effect.

Catering Services (+0.48), Fresh Vegetables (+0.36), and Meat (+0.24) were key drivers of price increases, while Clothing Items (-0.81) pulled inflation down. Petroleum Products had the largest positive monthly impact (+0.15), while Clothing Items saw the biggest decline (-0.71).

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U.S. Stocks Rally On Ceasefire Announcement And Tech Recovery

by THEFUTURE.TEAM

April 9, 2026

Geopolitical Shift Fuels Market Optimism

U.S. equity markets rose on Wednesday following the announcement of a two-week ceasefire with Iran. Donald Trump, former U.S. President, said the agreement would take effect immediately. Technology stocks led the gains as investors responded to reduced geopolitical risk.

Tech Titans Lead The Upswing

Meta shares increased after the company introduced its Muse Spark AI model. Gains were also recorded by Amazon, Alphabet, and Nvidia. These companies contributed to broader advances in major equity indices.

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Chipmakers Capitalize On The New Optimism

Taiwan Semiconductor Manufacturing Company (TSMC) rose 6% following the announcement. Semiconductor equipment firms ASML and Applied Materials gained about 9%. Micron, Western Digital, Lam Research, and Intel also recorded gains, supporting momentum across the semiconductor sector.

Market Context And Recent Volatility

Recent gains follow earlier declines in technology stocks at the start of the year. Software companies had faced pressure linked to concerns over artificial intelligence and business model disruption. Microsoft shares fell 23% in the first quarter, underperforming both major technology peers and the Nasdaq index. The current rebound reflects changes in investor positioning following recent developments.

Outlook

The ceasefire reduced short-term geopolitical risk, though uncertainties remain around logistics and energy infrastructure in the region. Investors continue to monitor developments in both geopolitical conditions and the technology sector performance.

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