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Rising oil prices and the mounting geopolitical pressures decelerated the Cyprus Composite Leading Economic Index (CCLEI) in February, the University of Cyprus’ Economic Research Centre (ERC) has said. According to ERC, the CCLEI recorded a year-over-year increase of 15.0% in February 2022, reaching a level of 111.8 units, after annual increases of 15.2% in January 2022 and 14.4% in December 2021, based on recent and revised data. Most of the domestic and international components of the CCLEI contributed to its positive growth …
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