Cyprus leading econ index marks highest dip in May, June early data point to recovery in Q3
The Cyprus Composite Leading Economic Index (CCLEI) marked its highest annual dip in May affected by the two-month lockdown measures to contain the spread of the coronavirus, while the June flash estimate point to economic recovery in the third quarter.
THE CCLEI constructed by the University of Cyprus Economic Research Centre with the support of Hellenic Bank, declined to the level of 95.5 (based on the latest and revised data), marking a reduction of 11.
(CNA)
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THE CCLEI constructed by the University of Cyprus Economic Research Centre with the support of Hellenic Bank, declined to the level of 95.5 (based on the latest and revised data), marking a reduction of 11.
(CNA)
*The full text of the news item is available in the paid version of the CNA web service. Subscription Form
*CNA reserves the copyright to the news stories it files, which is granted to subscribers for specific use only.
from Cyprus News Agency
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