Economic sentiment improves
Εconomic sentiment in Cyprus improved further in January on the back of retail confidence, as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.9 points from December.
According to the Economics Research Centre of the University of Cyprus, the increase was driven by confidence gains in retail trade, industry and among consumers.
The index reached 105.6 in January from 104.7 in December and 108.1 a year ago.
The Services Confidence Indicator remained unchanged, as the improved views on past performance (demand and business situation)...
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