Economic sentiment rises moderately in Cyprus, falls slightly in the EU in May

Economic sentiment in Cyprus increased from 115.5 points in April to 116.1 in May, according to the European Commission. Meanwhile following the strong increases of April, the Economic Sentiment Indicator (ESI) softened in May in both the euro area (by 0.5 points to 109.2) and the EU (by 1.0 point to 109.7).

Source: Cyprus News Agency