Q1 GDP at 3.8% y/y But Deflation Undermines Economy

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Q1 GDP at 3.8% y/y But Deflation Undermines...
 © CyprusNewsReport 2018
Cyprus’ first-quarter 2018 Gross Domestic Product (GDP) grew at the rate of 3.8 percent on an annual basis, said CySTAT in a flash estimate. This underlines the continued recovery after the catastrophic financial and economic crashes in 2013. However, deflation persists in the prices of goods and services, meaning that companies and individuals do not […]

8% y/y But Deflation Undermines Economy appeared first on CyprusNewsReport.com .


This article was automatically added to our system 15-5-2018

Q1 GDP at 3.8% y/y But Deflation Undermines Economy


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