Cyprus inflation up by 2.1 per cent in April
The harmonized inflation rate in Cyprus increased by 2.1 per cent in April 2024 compared to the same period the previous year.
economic categories
Here’s what the economy could look like with a Biden or Trump presidency
The text discusses the potential impact of a Biden or Trump presidency on the US economy. The analysis covers eight major economic categories, including domestic manufacturing, higher education, healthcare, housing, labor, taxes, tariffs, and trade. Biden and Trump have different plans and approaches to these economic categories based on their past records as president and their campaign promises. Biden focuses on issues like lowering prescription drug costs, investing in the future, supporting workers and small businesses, and ensuring fair taxation. Trump, on the other hand, has proposed plans such as protecting American car manufacturers, imposing tariffs on foreign-made cars, and focusing on fossil fuels. The text also highlights the differences in their views on student loan debt, healthcare, housing costs, labor unions, taxes, tariffs, and trade policies.
April inflation rate rises to 2.4%
The inflation rate increased by 2.4% in April, with the Consumer Price Index rising by 1.68 points to 117.09. The largest changes were seen in petroleum products, restaurants and hotels, and transport categories. Restaurants and hotels had the greatest impact on the change in CPI compared to April 2023, while transport had the greatest impact compared to the previous month. Petroleum products had the most significant impact on the change in CPI compared to both April 2023 and the previous month.