Cyprus has good news for its economy. The economy is growing well. This is good for the country.
But people feel a little less happy. Their confidence has gone down a bit. This is a mixed sign.
The economy grew by 1.8% this year. Tourism and shops are helping a lot. Cheaper oil also helps.
However, some things slowed down growth. Less electricity was made. This made growth a little slower.
People's confidence dropped a little. Businesses in services felt less sure. Their sales were not as good.
But shops and building are more sure. People also feel more sure.
Banks are doing very well. Bank of Cyprus Holdings made good money. Its profits are expected to be higher.
People are borrowing more money. They are also saving more money. They are making smart money choices.
The economy is growing. Banks are strong. People are managing their money. We will watch for more good news.