Cyprus's economy contracted by 1.4% in the second quarter of the year on a quarterly basis, extending a downturn on the financially troubled island which received an international bailout in March.
Preliminary data showed Cyprus's second quarter quarterly downturn was better than the first, when output contracted 1.7%.
On a yearly basis, the economy declined 5.4% from 4.8% in the first quarter.
The data offered a worse assessment on the depth of recession in the first quarter. Earlier assessments had put the economic contraction in the first quarter at 1.4% on a quarterly basis, and 4.4% on a yearly basis.
Today's figures are the first comprehensive snapshot of how the island's economy fared from upheaval accompanying an EU/IMF aid package in March, conditional on the closure of a major bank and heavy losses on big deposits in a second.
Capital controls imposed by the state to prevent a run on bank deposits have further crimped economic activity. Bank transfers are now strictly vetted, and cash withdrawals by individuals cannot exceed €300 a day.
Negative growth rates were recorded in all sectors of the economy from construction to banking and tourism, the statistics office said in a brief statement.
International lenders expect the island nation's €17 billion economy to contract by 8.7% in 2013 and shrink by 3.9% in 2014 before returning to 1.1% growth in 2015.
