Cyprus economy grew by 3.4% in 1Q 2019

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Cyprus economy grew by 3.4% in 1Q 2019
 © CyprusDaily 2019
The economy of Cyprus grew by 3.4% in the first quarter of 2019, according to a flash estimate of the Statistical Service.

“The GDP growth rate in real terms during the first quarter of 2019 is positive and is estimated at +3.4% over the corresponding quarter of 2018”, Cystat announced on Wednesday.

It added that based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 3.5%.

It said that the increase of the GDP growth rate was mainly attributed to the sectors of hotels and...


This article was automatically added to our system 15-5-2019

Cyprus economy grew by 3.4% in 1Q 2019


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Article Tags: cyprus, economy,