Cyprus News Agency

Trending-news
     CNA   Foreign Ministry announces cooperation with Clingendael Academy - Ecorys venture     CNA   Cyprus trade deficit drops to €4.9 billion in 2018, according to Eurostat     CNA   Sharp rise in new shipping companies since Deputy Ministry was set up, says Pilides     CNA   

Cyprus' GDP grows by 3.7% in Q3
CNA - CYPRUS/Nicosia 07/12/2018 18:16


GDP growth rate in real terms, during the third quarter of 2018, is estimated at 3.7% over the corresponding quarter of 2017, according to data released on Friday by the Statistical Service of Cyprus.

Based on seasonally and working day adjusted data, GDP growth rate in real terms is also estimated at 3.7%.

The increase of the GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Retail and Wholesale Trade", "Construction", "Manufacturing", "Transport and Storage", "Professional, scientific and technical activities" and "Administrative and support service activities".

Negative growth rate was recorded by the sector "Financial and Insurance Activities".

CNA/TNE/MK/2018
ENDS, CYPRUS NEWS AGENCY
 

(CNA)

*The full text of the news item is available in the paid version of the CNA web service. Subscription Form

*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.
   

Closing:15/02/2019
Volume:161.176,90
CSE:61,210  1,210%
FTSE/CySE:36,640  1,240%
Nicosia13°C
Larnaca15°C