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Cyprus Composite Leading Economic Index (CCLEI) recorded an annual increase of 13.4% in July 2021, after year-over-year increases of 14.5% in June and 14.0% in May.According to a press release, compiled by the University of Cyprus’ Economic Research Centre (ERC), economic activity continues to recover, but uncertainty remains amid the increased rates of COVID-19 cases in July.The recording of positive year-over-year growth rates of the CCLEI continues in July 2021, albeit weaker. The positive year-over-year growth rate of CCLEI is …
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