Sponsored Links
Cyprus's seasonally and working-day adjusted gross domestic product or GDP fell 0.3% in the final quarter of 2009 on a sequential basis, flash estimate from the statistical office showed Friday. The pace of decline eased from a 0.8% recorded in the third quarter. The economy has been contracting since the first quarter of 2009.
On an annual basis, the seasonally and working-day adjusted GDP fell at a rate of 2.7% year-on-year, more than the 2.3% decline in the third quarter.
Similarly, unadjusted GDP declined 2.7% year-on-year. It follows a 2.5% decline in the third quarter. GDP has been falling since the second quarter of 2009.
0 komentar:
Post a Comment