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Macroeconomics

GDP growth rate 2012/Q1-2017/Q2

Τhe GDP growth rate in real terms during the 2nd quarter of 2017 is positive and estimated at +3.6% over the corresponding quarter of 2016. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at +3.5%. The increase of the GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", "Retail and Wholesale Trade", "Construction", and "Manufacturing". Negative growth rate was recorded by the sector "Financial and Insurance Activities". 

 

http://www.cystat.gov.cy/mof/cystat/statistics.nsf/All/FEFD4ED43F1864F3C225803E0021BF86?OpenDocument&sub=1&sel=1&e=&print 

 

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