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Tuesday, July 23, 2024

At 2.1% the growth rate in the second quarter of 2023

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Which sectors are responsible for the positive growth rate

Στο 2.1% ο ρυθμoς αναπτυξης το δ&epsilon ;yτερο τρiμηνο 2023

The growth rate of the economy during the second quarter of 2023 is positive and is estimated at 2, 1% compared to the corresponding quarter of 2022, according to a preliminary estimate of the Statistical Service.

After adjusting GDP for seasonal variations and working days, the growth rate is estimated at 2.3% .

The positive GDP growth rate is mainly due to the sectors: “Hotels and Restaurants”, “Transport and Storage”, “Information and Communications”, “Wholesale and Retail Trade, Repair of Motor Vehicles”, “Arts , Amusement and Entertainment” and “Other Service Activities”.,

Compared to the previous quarter (seasonally adjusted figures) the growth rate was down 0.4%.

Source: www.kathimerini.com.cy

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