Cyprus’ economy expanded 4% in the fourth quarter of 2017 compared to the respective three-month period last year, the statistical service Cystat said citing a flash estimate.
The fourth quarter economic output expanded a seasonally adjusted 3.9%, Cystat said in a statement on its website. Compared to July to September, the economy grew in October to December 1.1%.
Economic activity increased mainly in the areas of hotels and restaurants, retail and wholesale trade, construction and manufacturing, Cystat said.
Source: Cyprus Mail
