
Economic sentiment in Cyprus experienced a slight downturn in January 2025, with the Economic Sentiment Indicator (ESI-CypERC) decreasing by 0.6 points compared to December 2024.
According to the Economics Research Centre of the University of Cyprus (CypERC) , this decline was primarily driven by weaker business confidence in the construction and industrial sectors , along with lower consumer confidence .
Delving into the latest report, the Services Confidence Indicator saw