Cyprus economic sentiment dips as services sector wavers

Cyprus’ economic climate weakened in February, as a downturn in the services sector weighed on overall sentiment, while economic uncertainty rose among consumers and most businesses, according to the University of Cyprus’ Economic Research Centre (CypCER).

The Economic Sentiment Indicator fell by 1.3 points compared with January, mainly due to a decline in services and, to a lesser extent, lower consumer confidence.

“The weakening of the climate in services was the result of...