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Cyprus economic indicators stayed positive in September
October 21, 2021
Boosted by elevated business activity and the tourism sector, the Cypriot economy remains on a path of growth and recovery according to a report by the University of Cyprus Economic Research Centre.
Cyprus’ Composite Leading Economic Index (CCLEI), which uses a variety of metrics to provide an early outlook on future economic activity, increased by 11.3 per cent year-on-year in September.
This continues a positive trend seen in August and July, where the CCLEI index grew 10.8 per cent and 11 per cent year-on-year respectively.