Cyprus's economy has mixed signals. Some signs show growth. Other signs show a small drop. The University of Cyprus looked at these signs.
A main index for the future economy grew in November. This index is called the Composite Leading Economic Index. It grew by 1.8% from last year. This is good for the economy.
But another sign shows less business and people confidence. This is the Economic Sentiment Indicator. It dropped a little in November. It was better in September and October.
The leading index grew because many things are good. More tourists are coming to Cyprus. Shop sales are strong. House sales are also good. Oil prices are lower. This helps the economy.
But confidence in service businesses dropped. Some service companies earn less money. This made the overall confidence indicator drop.
Other areas are doing better. Shop confidence is much higher. This is because they expect good sales. Building companies are also more positive. They have more work.
Industrial companies are also more hopeful. People feel better about their money. They feel better about the country's economy. They will buy more things.
This makes people more confident. It lowers worries about the economy. This is a very good sign for the future.
Experts say the economy is growing. But there are still world worries. The economy moves forward. But some parts are stronger. The economy needs to grow everywhere.