SUNDAY, 23 FEB 2020

 

CONNECT

Facebook Linked In Twitter
GAP_Group_2019_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Natasa Pilides Underlines Need To Maintain The Competitiveness Of European Shipping

Charles Mitchel Contacts UN SG To Discuss Bloc's Involvement With Cyprus Issue

IMH LTD
GAP_Group_2019_468x60px

ECONOMY

Economic Sentiment Improves in April

Economic Sentiment Improves in April

Economic sentiment in Cyprus improved in April 2019 as the Economic Sentiment Indicator (ESI-CypERC) increased by 2.4 points compared with March 2019, the Economics Research Centre of the University of Cyprus has said.

“The increase was driven by stronger business confidence in services and, to a smaller degree, confidence improvements in industry among consumers,” said the ERC.

According to the survey, “the Services Confidence Indicator increased as a result of firms’ more positive assessments of past business situation and past demand as well as upward revisions in demand expectations”.

The Retail Trade Confidence Indicator “did not change from the marginally positive level registered in March, as firms’ views on all three components of the Indicator (past sales, volume of stocks, expected sales) remained broadly unchanged,” the ERC added.

The survey recorded a marginal decrease in the Construction Confidence Indicator driven by downward revisions in firms’ employment plans, the Cyprus News Agency reports.

Moreover, the Industry Confidence Indicator increased due to improvements in firms’ assessments of the current level of order books and upward revisions in production expectations, whereas the Consumer Confidence Indicator increased only marginally, as more favorable assessments about household-specific aspects (financial situation, intentions for major purchases) were almost offset by more pessimistic views on the future general economic conditions in Cyprus.

MORE ON ECONOMY

Substantial Increase In Investment Fund Assets For December 2019

The Central Bank of Cyprus has released yesterday the Investment Funds statistics for the ...

Cyprus Enterprises Find It Less Difficult To Recruit ICT Specialists Relatively To The E

Hiring expertise in information and communication technologies (ICT) is a challenge for ...

Majority Of Cypriots Do Not Trust The Government And Political Parties

According to a report released by the Eurobarometer, the majority of Cypriots (2019) ...

FROM AROUND GOLDNEWS

   

The Cyprus Shipping Chamber Actively Participated At The European Shipping Week

The Cyprus Shipping Chamber participated at the 3rd European Shipping Week held between 17-21 February 2020, in Brussels, through its President, Philippos ...
   

Natasa Pilides Underlines Need To Maintain The Competitiveness Of European Shipping

Cyprus' Shipping Deputy Minister Natasa Pilides underlined "the need to maintain the competitiveness of European Shipping," during the debate on ...
   

Communications And Transport Had The Largest Positive Change Over Consumer Prices In January 2020

In January 2020, according to CyStat, the Harmonized Index of Consumer Prices (HCIP) increased by 0,7% compared to the index of January 2019 while, when ...
   

Charles Mitchel Contacts UN Secretary-General To Discuss Bloc's Involvement With Cyprus Issue

The Cyprus government welcomes the active involvement of the EU in efforts to solve the Cyprus issue, following the initiative of the President of the European ...
   

Google’s Recipe For Success At The 3rd Data Management Forum

Collecting the right data requires first understanding what kind of actions we need to achieve from it. Learn some funda­mental best practices on data ...
   

EU Deadlocked In Budget Summit As Rifts Laid Bare

EU leaders were deadlocked over the bloc’s next multiannual budget after lengthy summit talks on Thursday night laid bare rifts over how to fill the ...
   

Substantial Increase In Investment Fund Assets For December 2019

The Central Bank of Cyprus has released yesterday the Investment Funds statistics for the reference month of December 2019. Τhe number of investment funds ...
   

Cyprus Enterprises Find It Less Difficult To Recruit ICT Specialists Relatively To The E

Hiring expertise in information and communication technologies (ICT) is a challenge for businesses in the European Union (EU). During 2018, according to ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

LSE_Alumni_Event_05/02-28/02_300x250px
Architecture_Awards_Nominations_10/12-02/02_300x250px

IMH LTD