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Τhe GDP growth rate in real terms during the third quarter of 2020 is negative and it is estimated at -4,1% compare to the corresponding quarter of 2019. According to the Cyprus Statistical Service, based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at -4,4%.The negative GDP growth rate is mainly attributed to the sectors: “Hotels and Restaurants”, “Manufacturing”, ” Transport, Storage and Communication”, “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Arts, Entertainment …
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