Energy & Industry Prices: Cyprus industrial output prices rose 2.5% in May year-on-year, with electricity supply up sharply (+13.4% month-on-month) and manufacturing also higher (+0.8% month-on-month), according to Cystat. Food & Household Costs: A Trojan Economics analysis says food prices are again outpacing overall inflation, squeezing household budgets as the gap reopens in early 2026. Tourism Pressure: Deputy Tourism Minister Kostas Koumis told MPs losses in 2026 should stay under 12%, with May showing a smaller decline and June passenger arrivals down but still improving versus past years. Offshore Gas Deal: QatarEnergy signed a commercial discovery declaration for Block 10 offshore Cyprus (Glaucus and Pegasus) with the Government of Cyprus and ExxonMobil, moving development planning forward. Corporate/Investments: OCI Global’s court-appointed directors consent to an extraordinary general meeting to approve the OCI–Orascom transaction tied to NNS’s EUR 4.10 all-cash offer. EU Policy Shift: Ireland took over the EU Council Presidency from Cyprus, prioritising competitiveness, security, and the 2028–2034 budget talks. Agri-Food Recognition: The 12th Gastronomos Quality Awards celebrated Cyprus’ top producers and artisans during a festival in Vouni, Limassol. Research Spotlight: EMU led Cyprus in Physical Sciences in the Nature Index 2026 Research Leaders ranking. Security/Crime (Regional): A Monaco parcel-bomb attack injured three people, with authorities treating it as attempted murder and reporting a suspect still at large.