Services, retail boost economic sentiment in July

Economic sentiment in Cyprus improved for the fourth consecutive month in July, on improved business confidence in the services and retail trade sectors, according to the benchmark index compiled by the Economics Research Centre of the University of Cyprus.

The Economic Sentiment Indicator (ESI-CypERC) increased by 0.7 points to 101.5 compared with June, but remained far below the monthly index throughout the past 12 months....