17.08.2022
Billion euros, according to a report released on Tuesday by the European Union Statistical Office (Eurostat) .
In addition, the trade deficit amounted to 34 billion euros for the entire European Union.
“The first estimate of exports of goods from the euro area to the rest of the world in June 2022 was 252.2 billion euros, which is 20.1% more than in June 2021 (210 billion euros),” Eurostat said in a statement.
“Imports from the rest of the world amounted to 276.8 billion euros, which is 43.5% more than in June 2021 (192.9 billion euros),” the department added.
In addition, between January and June 2022, exports of goods from the euro area to the rest of the world increased to 1.39 trillion euros, an increase of 18.7% compared to the same period in 2021, while imports rose to 1.53 trillion euros, an increase of 43 percent year on year.
As a result, the euro area recorded a deficit of 140.4 billion euros during this time, compared to a surplus of 100.6 billion euros in January-June 2021.
According to a report from the Statistical Office of Cyprus (Cystat), the number of registered rental cars has outperformed the trend compared to private cars, marking an upward trend over the past seven months.
According to the report, car rental in Cyprus has roughly doubled during this time, up 86.2% year on year.
This is primarily due to the lifting of travel restrictions in both Europe and Cyprus, which has led to an increase in the tourism sector and therefore demand for car rentals.
There were 2,878 rental registrations between January and July this year, compared to 1,546 registrations for the corresponding period in 2021.
This corresponds to one in five car rental-related car registrations, with 13,411 sedan passenger cars registered during that time.
Moreover, the statistical office also reported the most popular car brands during this period.
Kia (729), Nissan (706) and Toyota (392) finished in the top three spots with 1,827 vehicles in between.
They were followed by Mazda (247), Volkswagen (158), Suzuki (114) and Honda (92).
The Cyprus Stock Exchange (CSE) ended Tuesday 16 August with a profit.
The overall Cypriot stock market index stood at 69.83 points at 13:11 during the day, reflecting an increase of 0.62% from the previous trading day.
The FTSE/CySE 20 Index stood at 41.87, up 0.65%.
The total transaction value was 89,626 euros.
In terms of sub-indices, the main index and the investment company index rose by 0.89% and 1.51%, while the hotel and alternative indexes remained stable.
Bank of Cyprus (+1.85%), Demetra (+1.6%), Logicom (-1.18%), Hellenic Bank (+0.68%) and Woolworth Cyprus Properties (no change) attracted the highest investment interest .
