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The economic sentinment in Cyprus in May 2019 deteriorated as the Economic Sentiment Indicator (ESICypERC) decreased by 1.3 points compared with April 2019. However, the Indicator continues to move higher than its long-term average of 100 points.According to the Economics Research Centre of the University of Cyprus, the decline compared with April resulted from a worsening of economic confidence in services, retail trade, industry and among consumers.It is noted that the Services Confidence Indicator declined due to a deterioration in …
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