Economic sentiment rises, uncertainty remains

Cyprus’ economic sentiment improved in August from July, reflecting stronger activity in services but uncertainty remains, fuelled by the Covid pandemic. The Economic Sentiment Indicator (ESI), compiled by the University of Cyprus’

Economic sentiment improves further

Cyprus’ economic sentiment in June increased 6.2 points from May, reflecting the improvement in high consumer confidence and activity in services. The Economic Sentiment Indicator (ESI), compiled by the University of Cyprus’

Economic sentiment climbs to 15-month high

Cyprus’ economic sentiment in May reached its highest point since the pandemic in 2020, reflecting the improvement in business confidence as activity gradually returned to normal. The Economic Sentiment Indicator (ESI), compiled

Economic sentiment improved before Lockdown III

Economic sentiment significantly improved in April, increasing by 9.2 points since March as confidence grew in the services sector before Lockdown III, according to a University of Cyprus index (ESI-CypERC). The index

Economic sentiment picks up in December

Economic sentiment in Cyprus improved in December, despite the worsening coronavirus situation, as the Economic Sentiment Indicator (ESICypERC) increased by 2.8 points to 81.3 from November, the same level as in August

Economic sentiment drops slightly in November

Economic sentiment in Cyprus weakened in November from a deterioration in the construction sector as well as consumer confidence dipping. According to a survey by the Economics Research Centre of the University

Economic sentiment drops in October

With COVID-19 transmission on an upward curve, economic sentiment deteriorated in October as business confidence weakened, a monthly indicator by University of Cyprus (UCY) economists shows. In October, economic sentiment in Cyprus

Economic sentiment deteriorates in September

Weaker confidence in services and construction saw the Economic Sentiment Indicator (ESI-CypERC) decrease further by one point in September compared to August. According to the Economics Research Centre of the University of