The Cyprus Composite Leading Economic Index (CLEI) recorded an annual increase of 2.3% in June 2025, according to data from the Economics Research Centre of the University of Cyprus. This growth follows annual increases of 2.6% in May and 3.1% in April.

Despite maintaining a positive growth trend, the slowdown in the rate of expansion is mainly attributed to the weakening of the Economic Sentiment Indicator (ESI) in both Cyprus and the Eurozone, as well as a reduction in temperature-adjusted electricity production.

On the other hand, positive contributions came from higher tourist arrivals, increased real estate sales, higher domestic credit card transactions, and retail trade volume. A further boost was provided by the decline in Brent oil prices.

The Centre points out that the moderation in CLEI growth reflects rising uncertainties in the global environment, mainly due to geopolitical tensions in the Middle East and their impact on energy markets. Therefore, the Centre considers it essential to continuously monitor and evaluate developments for the medium-term prospects of the Cypriot economy.