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Macroeconomics

GDP growth rate 2019Q1-2022Q1

Τhe GDP growth rate in real terms during the first quarter of 2022 is positive and it is estimated at 5,9% over the corresponding quarter of 2021. Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at 5,6%.

The positive GDP growth rate is mainly attributed to the sectors: "Hotels and Restaurants", " Transport, Storage and Communication", "Wholesale and Retail Trade, Repair of Motor Vehicles", "Arts, Entertainment and Recreation", "Other Service Activities".

For more information

https://www.cystat.gov.cy/en/Announcement?id=65330 

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