economic climate services sector

Cyprus Economic Climate Shows Positive Signs in November 2023

In November 2023, Cyprus’s economic climate saw positive signs of growth, driven by the services and construction sectors. The services sector showed strength in business health and turnover, while the construction industry benefited from positive evaluations of ongoing projects and workforce projections. Retail trade faced mixed conditions, and manufacturing encountered challenges. Consumer sentiment indicated a slightly more positive outlook, but caution remained prevalent.