Deflation rate at 0.9% in September 2014

Consumer prices fell an annual 0.9% in September 2014 compared to an annual deflation rate of 0.7% in August, the statistical service said recently.

Between January and September, consumer prices fell 1.6% compared with the respective period last year, Cystat said in a statement.

The consumer price index rose in September to 117.5 units or 0.4% compared with the previous month, Cystat said, mainly on higher prices for clothing, footwear, fruit and vegetables, which offset the effects of cheaper flying tickets, fuel and electricity.

Source: Cyprus Mail

Cyprus Profile

articles | 03 October 2014