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