Economic Sentiment Improves Slightly In May As A Result Of Stronger Business Confidence In Services

Economic sentiment in Cyprus improved slightly this May as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.1 points compared with April 2022, according to the results of the Business and Consumer Survey of the Economics Research Center of University of Cyprus. The increase in the ESI-CypERC resulted from stronger business confidence in services, the survey says.

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