Business Confidence in Cyprus increased to 112.20 points in January from 108.50 points in December of 2019. Cyprus Business Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Business Confidence in Cyprus averaged 100.06 points from 2001 until 2020, reaching an all time high of 114.90 points in August of 2007 and a record low of 68 points in April of 2013. This page provides - Cyprus Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Cyprus is expected to be 108.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Cyprus to stand at 108.00 in 12 months time. In the long-term, the Cyprus Business Confidence is projected to trend around 107.00 points in 2021, according to our econometric models.

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Cyprus Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
112.20 108.50 114.90 68.00 2001 - 2020 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-10-30 10:00 AM Oct 110 112.3 110.9
2019-11-28 10:00 AM Nov 110.5 110 110.9
2020-01-08 10:00 AM Dec 109.2 110.5 109.8
2020-01-30 10:00 AM Jan 112.2 108.5 109.2
2020-02-27 10:00 AM Feb 112.2 108.6
2020-03-30 09:00 AM Mar 108
2020-04-29 09:00 AM Apr
2020-05-28 09:00 AM May

Cyprus Business Confidence
In Cyprus, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.