The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-over-year increase of 1.8% in November 2025 and this growth rate is close to the levels of previous months, as the year-over-year growth of the Index was 1.9% in October and 1.8% in September 2025, figures from the University of Cyprus' Economics Research Centre (CypERC) show.
According to the figures, the positive year-over-year growth of the CCLEI in November indicates that the Cypriot economy continues its positive course, although its growth momentum is taking shape in an environment of increased uncertainty and geopolitical tensions.
In November 2025, the Composite Leading Economic Index recorded steady year-over-year growth compared to the previous two months, reflecting the positive contribution of most individual leading indicators, the figures show.
Specifically, the strengthening of the weighted Economic Sentiment Indicator (ESI) in Cyprus and the euro area, combined with the positive performance of tourist arrivals, retail trade and property sales contracts, as well as the decrease in the price of Brent crude oil, drove the year-over-year growth rate of the CCLEI in November.
In contrast, the downward trend in the – temperature-adjusted– volume of electricity production, which holds a significant weight in the composition of the Index, had an offsetting negative effect on the CCLEI in November.
In conclusion, the positive year-over-year growth of the CCLEI in November indicates that the Cypriot economy continues its positive course, although its growth momentum is taking shape in an environment of increased uncertainty and geopolitical tensions.
(Source: CNA)
