Economy expands 4% in Q1, Cystat says

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Economy expands 4% in Q1, Cystat says
 © BusinessMail 2018
By Stelios Orphanides

Cyprus’s economy expanded 4 per cent in the first quarter of 2018 compared to the respective three-month period last year and 1 per cent compared to the quarter before, the statistical service said.

In January to March, economic output rose a seasonally adjusted 4 per cent compared to the respective period of 2017, Cystat said in a statement on its website on Friday.

On May 15, Cystat announced its preliminary estimate of an annual growth rate of 3.8 per cent and a quarterly 0.8 per cent.

The increase in output was in the areas of...


This article was automatically added to our system 8-6-2018

Economy expands 4% in Q1, Cystat says


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