Cyprus Q2 GDP -0.3 pct q/q, -2.5 pct y/y - stats

Sept 3 (Reuters) - Cyprus's economy shrank 0.3 percent in the second quarter, the slowest quarterly pace of decline since the first quarter of 2012, data showed on Wednesday.

On a yearly basis, the island's economy contracted 2.5 percent from April to June, compared to -3.9 percent in the first quarter of the year. Wednesday's second-quarter data was unchanged on flash estimates issued by the statistics department on Aug 14.

(Reporting By Michele Kambas Editing by Jeremy Gaunt)