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

Business sentiment improves, consumer confidence low

While business sentiment in Cyprus improved during August, increasing by 1.9 points from July, consumer confidence weakened considerably, according to the University of Cyprus Economic Sentiment Indicator. The indicator reached 81.6 points

Economic sentiment buoyed by services sector

Cypriot economic sentiment improved in January spurred on by stronger business confidence in the services sector, according to the University of Cyprus index. In January, economic sentiment in Cyprus advanced as the

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