Economy grows 38 in Q1 Cystat says

first_imgThe Cypriot economy expanded 3.8 per cent in the first quarter of the year compared to the respective period last year, the statistical service said, citing a flash estimate.Economic growth in the first three months of the year was also a seasonally adjusted 3.8 per cent, Cystat said in a statement on its website on Tuesday.The economy grew mainly on increased output in the hospitality sector, retail and wholesale, construction, manufacturing, professional, scientific and technical activities, and administrative and support activities, Cystat said.According to Cystat’s initial –and later confirmed — estimates, the economy expanded in the previous quarter and in the first quarter of 2018 an annual 3.9 per cent and 3.8 per cent respectively.You May Likejaceyanderson.inteletravel.comBest Vacation Travel Deals and More – Traveljaceyanderson.inteletravel.comUndowww.wiseflys.comFamily Travel to Costa Rica With Points And What To Do When Therewww.wiseflys.comUndoAutos+The 10 Most High-Tech Vehicles On The Road TodayAutos+Undo Cypriot ambassadors gather in Nicosia for annual briefingUndoUrgent work planned on collapsed section of Nicosia wallsUndoCompanies must use buying power to root out slavery, says UK officialUndoby Taboolaby Taboolalast_img read more