Advertisement 
Εconomic sentiment in Cyprus improved in August 2020, as the Economic Sentiment Indicator (ESI-CypERC) increased by 1.9 points compared with July 2020. However, consumer confidence weakened considerably. According to a press release of the Economics research centre of the University of Cyprus, the increase in the ESI-CypERC was driven by confidence improvements among firms in all sectors surveyed. The increase in the Services Confidence Indicator resulted from firms’ less adverse assessments of their past performance and upward revisions in demand expectations. The increase …
Advertisement
Advertisement
