Cyprus' economic growth rate moderated in the first quarter of 2026, preliminary data from the statistical office showed on Wednesday.Gross domestic product advanced a seasonally adjusted 3.0 percent year-on-year, following a 4.3 percent increase in the fourth quarter. Further, this was the weakest expansion since the third quarter of 2023.The overall growth was mainly attributed to the sectors, n...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.