Cyprus' GDP Shrinks 4.4% in Q1 of 2013.
Figures released Friday by the Statistical Service show that the GDP growth rate in real terms during the first quarter of 2013 is negative and estimated at -4.4% over the corresponding quarter of 2012.
Based on seasonally and working day adjusted data, GDP growth rate in real terms is estimated at -4.3% and has decreased to 3.23bln euro compared with 3.37bln in the first quarter of 2012, Cyprus News Agency reported.
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|Publication:||FARS News Agency|
|Date:||Jun 9, 2013|
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