A Statistical Service flash estimate published recently registered an annual GDP growth in 2Q 2015 of 1.2% in real terms.
Based on seasonally and working day-adjusted data, GDP growth rate in real terms is estimated at +0.9%.
According to the estimate, positive growth rates were recorded in manufacturing, trade, hotels and restaurants, transport, communication, professional, scientific and technical activities and administrative and support service activities as well as the financial service activities.
Negative growth rates were recorded in construction, electricity, the arts, entertainment and other service activities as well as the activities of households as employers.
Source: Cyprus Mail
