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Economic Sentiment In Cyprus Up In December Due To Services, Construction And Industry
January 5, 2022
In December 2021, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 2.1 points compared with November 2021.
According to a University of Cyprus’ press release the increase in the ESI-CypERC resulted from stronger business confidence in services, construction and industry.
The increase in the Services Confidence Indicator was mainly driven by upward revisions in demand expectations.