Cyprus Composite Leading Economic Index continues rising but Covid-related uncertainty remains

The Cyprus Composite Leading Economic Index (CCLEI) continued its annual gains in September indicating a recovery of the economy, which depends however on the development associated with the Covid-19 pandemic, University of Cyprus’ Economic Research Centre has said.

The CCLEI, compiled by the ERC with the support of Hellenic Bank, in September 2021 recorded a year on year increase of 11.3%, reaching a level of 114.

Source: Cyprus News Agency