Friday, 7 August 2026 Nicosia Edition
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Cyprus Economy
Finance

Cyprus Economy Grows 3.2% in Q2 as Tourism and Services Drive Recovery

By Andreas Petridis 7 August 2026 7 min read

The Statistical Service of Cyprus reported stronger-than-expected GDP growth for the second quarter, fuelled by a record summer tourism season and robust activity in the professional services sector. Economists say the island is on track to exceed its annual growth forecast of 2.8%.