Interest Rate in Cyprus

Cyprus Interest Rate | Economic News & Forecasts

Cyprus - Interest Rate

Available data for the fourth quarter of last year paints a mixed picture, but overall suggests the economy should have registered another quarter of healthy expansion. This followed a firm third quarter, driven by buoyant household spending and upbeat construction investment. On the upside, annual growth in tourist arrivals was stronger in Q4 than in the previous quarter, while business confidence was especially buoyant, which bodes well for investment activity in the final quarter. Less positively, the unemployment rate increased in November for the second consecutive month, and consumer confidence remained stuck in negative territory throughout the quarter, which suggests cooling household spending.

Cyprus - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

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Cyprus Interest Rate Chart


Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Cyprus Facts

ValueChangeDate
Exchange Rate1.140.65 %Jan 30
Stock Market61.9-0.44 %Jan 30

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