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Georgiades The Growth Rate of 3.9% Proves The Hard Work of our Productive Forces
August 16, 2018
Cyprus Economy has recorded 3.9% of growth rates in the second quarter of 2018, according to the Flash Estimate of the Statistical Service, compared to the corresponding quarter of 2017. After correcting GDP in terms of seasonal fluctuations and working days, the growth rate is calculated + 3.9%.
Growth rates are mainly attributable to the domains of "Hotels and Restaurants", "Retail and Wholesale", "Construction", "Processing", "Professional, Scientific and Technical Activities" and "Administrative and Support Activities". A negative growth rate was recorded in the area of ​​"Financial and Insurance Activities"