Cyprus economy declines 0.8% in Q3

Note: This section contains information in English only.
Source: RTT News
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 in the recession since 2011.
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