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The Cyprus Composite Leading Economic Index (CCLEI) recorded a year-over-year increase of 14.0% in November 2021, reaching a level of 112.7, after year-over-year increases of 13.9% in October and 13.4% in September.The Index is compiled by Economics Research Centre of the University of Cyprus in cooperation with the Hellenic Bank.According to a Hellenic Bank’s press release, the positive year-over-year growth rate of the CCLEI in November 2021 reflects the steady recovery of Cypriot economic activity. Nevertheless, the uncertain development of …
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