Cyprus’ economic outlook remained on an upward path in March 2025, with the Cyprus Composite Leading Economic Index (CCLEI)\u2014developed by the University of Cyprus’ Economics Research Centre (CypERC)\u2014continuing its positive trend. However, the pace of annual growth saw a slight cooldown.<\/p>\n
The annual expansion rate of the CCLEI slowed to 1.7% in March, a step down from 2.3% in February. CypERC attributed this deceleration to heightened global economic uncertainty, which is influencing economic performance not only in Cyprus but across the globe.<\/p>\n
Still, this modest increase builds on earlier gains of 2.4% in January and 2.3% in February, indicating that the broader economic trajectory remains stable for now.<\/p>\n
The March results were buoyed by several key sectors. According to the Centre, real estate transactions, rising credit card spending, and higher retail activity helped support the index. Additionally, a decline in Brent crude oil prices provided further economic breathing room.<\/p>\n
These factors reflect both domestic momentum and the influence of global market shifts, keeping Cyprus\u2019 economy in cautiously optimistic territory.<\/p>\n
Not everything pointed upward, though. A dip in consumer confidence\u2014both locally and across the eurozone\u2014negatively impacted the index. Likewise, reduced tourist arrivals and lower electricity production added downward pressure, slightly dampening the pace of growth.<\/p>\n
Even with these challenges, the index\u2019s continued rise suggests that Cyprus\u2019 economy remains resilient, especially thanks to strong performance in property and retail sectors.<\/p>\n
Source: Cyprus-Mail<\/em><\/p>","protected":false},"excerpt":{"rendered":" Cyprus’ economic outlook remained on an upward path in March 2025, with the Cyprus Composite Leading Economic Index (CCLEI)\u2014developed by the University of Cyprus’ Economics Research Centre (CypERC)\u2014continuing its positive trend. However, the pace of annual growth saw a slight cooldown. Growth Slows, But Stays Positive The annual expansion rate of the CCLEI slowed to […]<\/p>","protected":false},"author":9,"featured_media":112752,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[211],"tags":[],"_links":{"self":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/112751"}],"collection":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/comments?post=112751"}],"version-history":[{"count":1,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/112751\/revisions"}],"predecessor-version":[{"id":112753,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/posts\/112751\/revisions\/112753"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media\/112752"}],"wp:attachment":[{"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/media?parent=112751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/categories?post=112751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lamaisonestates.com\/he\/wp-json\/wp\/v2\/tags?post=112751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}