Cyprus economic sentiment improves in June

The economic climate in Cyprus improved slightly in June, with the Economic Sentiment Indicator (ESI) rising by 0.6 points compared to May 2024, according to a report released this week by the Economics Research Centre of the University of Cyprus (CypERC).

The report noted that the increase in the ESI was driven by strengthened consumer sentiment and, to a lesser extent, improved business sentiment in the services sector.

Moreover, the centre reported that the limited improvement...