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Cyprus growth is expected to remain robust in 2022 as real GDP is projected to expand by 4.1%, according to “Economic Outlook” for January issued by the Economic Research Centre (CypERC) of the University of Cyprus. Real GDP in Cyprus is estimated to have increased by 5.6% in 2021. In 2022, CPI inflation is projected at 2.6%. According to CypERC the drivers of the outlook include the robust recovery from the pandemic crisis, the strong economic sentiment, the supportive financing conditions and …
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