Mon, 09 Dec 2013 14:48:04 GMT
Cyprus economy declines 0.8% in Q3
Economic decline in Cyprus decreased in the previous quarter of this year to 0.8% on a quarterly basis, while in April-June the country's economy slid 1.8%. At the same time, all the indicators matched analysts' forecasts. Moreover, the GDP decreased 5.3% on the annual basis after a 6% drop a quarter ago, better than economists expected. The Cyprus economy is