Nicosia: The Cyprus Composite Leading Economic Index (CCLEI) saw an annual increase of 2.0% in December 2025, as reported by the Economics Research Centre (CypERC) of the University of Cyprus. This growth suggests that the Cypriot economy is sustaining a stable growth path, despite facing challenges from a global environment marked by heightened uncertainty.
According to Cyprus News Agency, the CCLEI's performance in December mirrored that of previous months, with the Index's annual growth rate standing at 1.9% in both November and October 2025. Throughout the last quarter of the year, the CCLEI exhibited a relatively stable annual growth rate, driven by the positive impact of most individual leading indicators.
Specifically, CypERC noted that there were positive annual growth rates in sectors such as property sales contracts, the temperature-adjusted volume of electricity production, tourist arrivals, and retail trade. Furthermore, there was a continued decline in Brent crude oil prices, and the Economic Sentiment Indicator (ESI) for the euro area showed further strengthening in December.
Conversely, the ESI in Cyprus experienced a decline compared to December of the previous year, primarily due to a worsening business climate in the services sector. Nonetheless, the overall stability in the annual growth rate of the CCLEI demonstrates that the Cypriot economy is on a stable growth trajectory, despite the global challenges of increased uncertainty.