Cyprus economy benefits from increased foreign currency

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Cyprus economy benefits from increased foreign...
 © In-Cyprus 2019
Tourist expenditure over the first months of 2019 appears to be steady or even on the decline but JCC data on the use of foreign cards in Cyprus presents a different story.

Specifically, Cyprus Statistics Service (CYSTAT) data shows tourist expenditure over the first four months of the year to be around €370 million. At the same time, JCC data has the purchase of goods and services with the use of foreign cards amounting to €373 million.

CYSTAT estimates tourists’ expenses after the completion of a questionnaire just when they leave the country, while JCC...


This article was automatically added to our system 25-7-2019

Cyprus economy benefits from increased foreign currency


The contents of this article including any associated images are © In-Cyprus 2019
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Article Tags: cyprus, economy, benefits, increased, foreign, currency,