South Cyprus Economy Grows by 3.9 per cent in Q3
The Cypriot economy’s growth rate for the third quarter of 2024 is positive, estimated at 3.9 per cent compared to the same quarter in 2023, according to a report by the Cyprus Statistical Service.
The report added that after adjusting the GDP for seasonal variations and working days, the growth rate is calculated at 3.8 per cent.
According to the statistical service, the positive growth is primarily driven by a number of sectors.
This includes hotels and restaurants, construction, information and communications, and wholesale and retail trade, as well as motor vehicle repair.
Source: Cyprus Mail
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