FOREX TradingCharts.com

Financial News: Cyprus Economy Expands Strongly In Q2

Cyprus Economy Expands Strongly In Q2

08/17/2021 - 07:14:00 (RTTNews)

(RTTNews) - Cyprus' economy expanded strongly in the second quarter to exit a long recession caused by the impact of the Covid-19 pandemic, preliminary estimates from the statistical office showed Tuesday. Gross domestic product grew a seasonally and working-day adjusted 12.9 percent year-on-year after a 2.1 percent fall in the previous quarter. Compared to the previous quarter, GDP rose 0.2 percent following a 1.7 percent increase in the first three months of the year. On a non-adjusted basis, GDP grew 12.8 percent annually following a 2.0 percent fall in the previous three months. The statistical office attributed the positive GDP growth rate mainly to the improvement in the sectors such as hotels and restaurants, construction, manufacturing, transport, storage and communication, wholesale and retail trade, automobile repair, arts and recreation and other activities.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Rebounds Less Than Expected In September (04 hr(s), 44 min(s), 08 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has seen a modest improvement in September after fallin ...Full Story»

UK Inflation Expectations Rise In August: BoE/Kantar Survey (06 hr(s), 43 min(s), 08 sec(s) ago)
(RTTNews) - Britons' inflation expectations for the coming year increased in August, the lates ...Full Story»

Eurozone Current Account Surplus Remains Unchanged (07 hr(s), 17 min(s), 08 sec(s) ago)
(RTTNews) - The euro area current account surplus remained unchanged in July, data published by th ...Full Story»

UK Retail Sales Decline For Fourth Straight Month (07 hr(s), 33 min(s), 08 sec(s) ago)
(RTTNews) - UK retail sales declined for the fourth straight month in August, the longest stretch ...Full Story»

Malta HICP Inflation Rises In August (07 hr(s), 45 min(s), 08 sec(s) ago)
(RTTNews) - Malta's harmonized annual inflation increased mrginally in August, data from the N ...Full Story»

Eurozone Inflation Accelerates As Estimated In August (08 hr(s), 18 min(s), 08 sec(s) ago)
(RTTNews) - Eurozone inflation accelerated as initially estimated in August to a near decade high, ...Full Story»

Eurozone Construction Output Grows In July (09 hr(s), 15 min(s), 08 sec(s) ago)
(RTTNews) - Eurozone's construction output grew for the first time in four months in July, dat ...Full Story»

Poland Average Gross Wages Rise More Than Expected (09 hr(s), 33 min(s), 08 sec(s) ago)
(RTTNews) - Poland's average gross wages increased more than expected in August, data from Sta ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds Less Than Expected In September

09/17/2021 - 10:14 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. has seen a modest improvement in September after fallin ...Full Story>>

UK Inflation Expectations Rise In August: BoE/Kantar Survey

09/17/2021 - 08:15 AM (RTTNews)
(RTTNews) - Britons' inflation expectations for the coming year increased in August, the lates ...Full Story>>

Eurozone Current Account Surplus Remains Unchanged

09/17/2021 - 07:41 AM (RTTNews)
(RTTNews) - The euro area current account surplus remained unchanged in July, data published by th ...Full Story>>

UK Retail Sales Decline For Fourth Straight Month

09/17/2021 - 07:25 AM (RTTNews)
(RTTNews) - UK retail sales declined for the fourth straight month in August, the longest stretch ...Full Story>>

Malta HICP Inflation Rises In August

09/17/2021 - 07:13 AM (RTTNews)
(RTTNews) - Malta's harmonized annual inflation increased mrginally in August, data from the N ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.