Cypriot economy gathers momentum, inflation to drop to 2% this year, CBC says
The Cypriot economy will register a growth rate of 2.8% in 2024, the Central Bank of Cyprus (CBC) said on Friday, upgrading its December projection by 0.2%, citing more optimistic assumptions in domestic demand which have offset less favourable projections on tourism, and professional services export, due to the fragile external environment.
