Cyprus tourism arrivals up 3.4% y/y in July

Tourism arrivals rose over the year earlier by 3.4% in July to reach 371,453 compared with 359,104 in July 2011.
The Russian market continued to surge ahead, with an increase of 40.7% to 79,278.
Arrivals from Germany, the third largest market, rose by 13.5% to 12,785, while arrivals from Norway rose by 9.3% to 14,056.
The UK market, which remains the largest, remained weak, however, with a drop of 9.1% to 141,782.
There was also a 5.1% decrease from Sweden to 18,405 and a 3.4% fall from Greece to 15,355.