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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 24/Sep 11:46

August CCLEI maintains positive growth path

The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued to improve in August, as a result of an increase in almost all the economic indicators composing the CCLEI, the University of Cyprus said in a monthly report. The Cyprus Composite Leading Economic Index (CCLEI), estimated by the university’s Economics Research Centre (CypERC), recorded a year-over-year increase of 0.8% in August, following the y-o-y increases of 0.5% and 0.4% in July and June, respectively, based on recent and revised data. Nearly all components of the Index, with the exception of

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