Nicosia: The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-over-year increase of 1.8% in November 2025, maintaining a growth rate similar to previous months, with October showing a 1.9% increase and September also at 1.8%, as reported by the Economics Research Centre (CypERC) of the University of Cyprus.
According to Cyprus News Agency, the release of these figures on Wednesday highlights that the positive year-over-year growth of the CCLEI in November suggests that the Cypriot economy is on a positive trajectory. However, this growth is occurring within a context marked by increased uncertainty and geopolitical tensions.
In November 2025, the steady year-over-year growth of the Composite Leading Economic Index mirrored the positive contributions from several individual leading indicators. This growth reflects the strengthening of the weighted Economic Sentiment Indicator (ESI) in both Cyprus and the euro area, along with the favorable performance of tourist arrivals, retail trade, and property sales contracts. Additionally, a decrease in Brent crude oil prices contributed to the growth rate of the CCLEI in November.
Conversely, a decline in the temperature-adjusted volume of electricity production, which is a significant component of the Index, had a negative impact on the CCLEI during November.
In summary, the consistent year-over-year growth of the CCLEI in November underscores the continued positive path of the Cypriot economy, despite the challenging environment of uncertainty and geopolitical tensions.