Economic sentiment in Cyprus improved in May, as the benchmark Economic Sentiment Indicator (ESI-CypERC) increased by 1.6 points from April to 104.5, up 1.4 points from May last year. The University of
A leading indicator, used to predict the future direction of economic movements in Cyprus, remained negative for the third month in a row in April, driven by a slowdown in tourist arrivals
Economic sentiment in Cyprus improved mildly in April after two months of deterioration, as the University of Cyprus Economic Sentiment Indicator (ESI-CypERC) increased by 0.8 points compared with March. Having risen to
Real activity growth in Cyprus is expected to continue this year at a similar pace as in 2023 and to gather momentum in 2025, according to a quarterly survey published by the
The island’s economy is slowing, with the growth rate turning negative for the second month in a row, according to a leading indicator used to predict the future direction of economic movements
A leading indicator used to predict the direction of economic movements in Cyprus in future months continues its downward trend and is about to flatline at 0% growth. The Cyprus Composite Leading
The level of economic uncertainty in Cyprus fluctuated during the period from December 2023 to February 2024, with a temporary increase noted in January, according to a University of Cyprus survey. Specifically,
Economic sentiment in Cyprus recovered to year-ago levels in January, mainly driven by confidence gains in services, having dropped in the previous month, according to a monthly survey compiled by the University
Real GDP growth in Cyprus is estimated to have slowed from 5.1% in 2022 to 2.4% in 2023, with economic growth projected to stay at 2.4% this year and to improve to
The economic sentiment indicator (ESI-CypERC) dropped in the last month of the year, driven by weaker business confidence in services and construction, a reversal of the November index and for the same
