Cyprus economic sentiment deteriorates in September

The economic climate in Cyprus worsened in September, with the Economic Sentiment Indicator (ESI) decreasing by 1.4 points compared to August, according to the University of Cyprus’ Economics Research Centre (CypERC).

The centre pointed out that the decline in the ESI was primarily driven by a downturn in business sentiment in the services and construction sectors, reversing the gains in economic confidence recorded in the previous month.

Moreover, the CypERC explained that...