Cyprus: Economic sentiment remains unchanged in September
Latest reading: Economic sentiment came in at 105.4 in September, matching August’s reading. Consequently, the index remained above the long-term average of 100, pointing to a positive near-term outlook for the economy.
The headline print reflected healthier sentiment in the industrial and retail sectors, as well as among consumers. That said, sentiment in the construction sector waned. Moreover, confidence in the services sector cooled.
Regarding indicators that are not used to calculate the index, employment expectations improved, while the economic uncertainty index fell in September.